Blog

11:39 13
May 2022

The Moroccan Economy in Brief: Friday, May 13, 2022

EBRD: €40 million loan to ANP : The European Bank for Reconstruction and Development (EBRD) announced on Thursday in Marrakech that it has granted a €40 million loan to the National Ports Agency (ANP) to enhance climate resilience in several ports on the Moroccan Atlantic coast. This loan...read more

11:50 12
May 2022

The Moroccan Economy in Brief: Thursday, May 12, 2022

Inauguration in Kenitra of the new factory Adient Automotive Seating Morocco realized for 72 MDH : On Wednesday in Kenitra, the Minister of Industry and Trade, Ryad Mezzour, presided over the inauguration ceremony of the new plant Adient Automotive Seating Morocco, made for an investment of 72 mill...read more

18:30 10
May 2022

The Moroccan Economy in Brief: Tuesday, May 10, 2022

Royal Air Maroc and Emirates sign code-share partnership: On Tuesday, May 10, Royal Air Maroc and Emirates signed a code-share partnership in Dubai, providing customers of both airlines with more travel opportunities and choice of flight connections on their flights between Dubai and Casablanca, as...read more

11:30 09
May 2022

The Moroccan Economy in Brief: Monday, May 09, 2022

Morocco's foreign exchange reserves are close to 330 MMDH: The dirham appreciated by 0.18% against the euro and depreciated by 0.33% against the U.S. dollar during the period from April 28 to May 4, 2022, according to Bank Al-Maghrib (BAM). During this period, no auctions were conducted on the fore...read more

10:58 07
May 2022

The Moroccan Economy in Brief: Saturday, May 07, 2022

Highway of Morocco made money in 2021: The turnover of the National Company of Highways of Morocco (ADM) has risen by 32.5% to reach 3.2 billion dirhams (MMDH) excluding tax in 2021. The financial performance shows an improvement, in line with the recovery of motorway traffic, but is still insuffic...read more

10:26 06
May 2022

The Moroccan Economy in Brief: Friday, May 06, 2022

Customer Recommendation Index: Wafasalah in first place : Wafasalaf, a subsidiary of the Attijariwafa Bank Group and Crédit Agricole Consumer Finance, takes first place with a record Customer Recommendation Index of +46 in a study conducted by the international firm IPSOS. The study, based o...read more

12:02 05
May 2022

The Moroccan Economy in Brief: Thursday, May 5, 2022

Industry: Activity improves in March : The industrial activity has regained color in March. This is what emerges from the business survey in the industry of Bank Al-Maghrib (BAM). From one month to another, production and sales would have increased in all sectors except "electrical and electronics"...read more

11:27 04
May 2022

The Moroccan Economy in Brief: Wednesday, May 04, 2022

Public: the increase of the SMIG requires 191 MDH per year : The rise in the minimum wage (SMIG) for civil servants of the state and public administrative institutions requires an envelope of 191 million dirhams for 50,000 beneficiaries, said on Saturday the Minister of Economic Inclusion, Small Bu...read more

10:54 03
May 2022

The Moroccan economy in brief :Tuesday, May 03, 2022

Moroccan OPCIs collected more than 22.58 billion dirhams at the end of March: The net assets of the Real Estate Collective Investment Schemes (OPCI) reached more than 22.58 billion dirhams (MMDH) at the end of last March, an increase by 4.59% compared to the end of 2021 (Year-to-date), according to...read more