Morocco Tourism

Morocco: Banking deposits surge 72% over a decade reaching $120 billion

Banking deposits in Morocco have experienced consistent growth over the past decade, reaching 1.271 trillion dirhams ($120 billion) in 2024 compared to 740 billion dirhams in 2014, representing a remarkable 72% increase. Bank Al-Maghrib monetary statistics confirm this robust upward trajectory, with deposits surpassing the one trillion-dirham milestone in 2020. The growth pattern demonstrates strong […]

EV Battery: Falcon Opens Its Pilot Plant in Morocco, Offering Alternative to Chinese Graphite

Falcon Energy Materials Company opened on Thursday its pilot plant near Casablanca, a significant operational milestone in the production of high-purity coated spheronized purified graphite (CSPG) for the global battery industry. CSPG is a battery-grade carbon material used as the primary anode active material in lithium-ion batteries. It is engineered from natural flake graphite to […]

Morocco starts repatriating its citizens stranded in Melilla

The Moroccan government authorized the repatriation as of this Friday May 15 of the Moroccans who have been stranded in the Spanish enclave of Melilla since Morocco closed its air, land and sea borders last March 12 to limit the spread of COVID-19. The Spanish news agency EFE, quoting official Moroccan sources, said the operation […]