Morocco succeeded in connecting the water-rich Sebou basin with a dam in the Bouregreg basin that supplies Rabat and Casablanca. The project is planned to carry surplus water from Sebou basin all the way to the region of Marrakech in response to water scarcity and repetitive drought that emptied reservoirs. The waterway will help save […]
Morocco’s National Investment Commission has approved 47 new investment projects totaling 51 billion dirhams ($5.5 billion), in a major push to stimulate economic growth and job creation across the kingdom. The approvals, announced during the 8th session of the Commission, include 36 new agreements and 11 amendments to existing ones. The projects are expected to […]
Moroccan expatriates’ remittances reached 108.67 billion dirhams through November 2024, showing a 2.8% annual increase, according to the latest foreign exchange statistics. The Office des Changes reports that remittances growth maintains its upward trajectory, marking a substantial 77% increase compared to November 2020 levels of 61.25 billion dirhams. The previous year closed at 115 billion […]
