Morocco: Expatriates’ remittances exceed MAD 30.5 billion by end of April; FDIs increase by 5%

Remittances by Moroccan expatriates exceeded 30.56 billion dirhams at the end of April 2022, against MAD 29.03 billion a year earlier, according to the Office des Changes (exchange office). These transfers are up 5.3% or 1.52 billion dirhams, said the Office in its monthly bulletin of foreign trade indicators for April 2022. The Office also […]

Morocco’s high-tech industrial value surpasses 50% milestone

Morocco has achieved a significant industrial breakthrough, with high and medium-high technology sectors now generating over half of the country’s total industrial added value, Minister of Industry and Commerce Ryad Mezzour announced Monday before the House of Representatives. The North African nation reached this 50% threshold in 2024, surpassing targets outlined in the New Development […]

Bahrain renews support to Moroccanness of the Sahara, plans to open a consulate in Dakhla

The Speaker of the Bahraini Council of Representatives, Ahmed Salman Al Musallam, reiterated his country’s support to Morocco’s sovereignty over its southern provinces, as well as to its security and stability and announced his country’s plans to open a consulate in Dakhla after the one set up in Laayoune. This came during a meeting in […]