Negative net external demand amid rising imports and exports
In the second quarter of 2024, the contribution of net external demand remained negative at -0.9 points, slightly improved from -1.1 points in the...
Agricultural activity declines by 4.9% amid severe drought in Q2 2024
Agricultural value added fell by 4.9% in the second quarter of 2024, compared to a 1.5% increase a year earlier. This downturn, mainly due...
Al Boraq’s success paves the way for Morocco’s ambitious rail expansion
In 2022, Morocco's high-speed train, Al Boraq, transported an impressive 4.15 million passengers, marking a 38% increase compared to 2019. With a 58% occupancy...
Extractive industries, construction, and commerce drive Q2 2024 growth
The second quarter of 2024 saw significant dynamism in the extractive industries, construction, and commerce sectors, each contributing to the overall economic expansion.
Extractive industries...
“Sentury Tire” opted for Morocco over Spain amid bureaucratic delays
The Spanish press has expressed frustration over the administrative delays that led Chinese tire giant Sentury Tire to abandon its plans in Spain in...
Q2 2024 sees 2.9% growth, driven by domestic demand
The national economy has shown a 2.9% growth in the second quarter of 2024 compared to the same period last year, up from a...
From farm to table: LabelVie enhances agricultural partnerships
For the past ten years, the LabelVie Group has been dedicated to putting customers at the heart of its efforts. By investing in essential...
Weather forecast for tuesday, July 8, 2024
The Directorate General of Meteorology has issued the following forecast for Tuesday, July 8, 2024. Here are the expected minimum and maximum temperatures for...
Royal Mansour Tamuda Bay: A new standard of luxury on the Mediterranean coast
On July 1st, the Mediterranean coast celebrated the grand opening of its newest jewel, the "Royal Mansour Tamuda Bay."
This luxury hotel, the third establishment...
Treasury increases placements to 14 billion dirhams in a week
The Treasury has increased its placements, both blank and with repurchase agreements, to 14 billion dirhams (MMDH), marking a substantial rise of 11.7 MMDH...