Morocco aims to make the kingdom a “natural destination” for investment by its diaspora, head of the government Aziz Akhannouch said, as the country seeks to channel remittances into productive projects to support economic growth. Speaking at the opening of a national forum on investment and Moroccans living abroad, Akhannouch said the country wants to […]
Morocco’s trade deficit narrowed by 1% from January to May to 117 billion dirhams ($11.7 bln), after exports rose to 191 billion dirhams, but still less than imports at 308 billion dirhams. The automotive sector topped Morocco’s exports at 67 billion dirhams, up 12%, auguring well for another record exports this year. Aeronautics was the […]
US Ambassador to Morocco Duke Buchan III said the Moroccan southern provinces, the Sahara, offer tremendous economic potential, positioning the region as a strategic hub linking Africa, Europe and the Americas and a focal point for growing US investment interest. Speaking at Gitex Africa in Marrakech, Buchan reaffirmed US support for Morocco’s autonomy plan for […]
