Shakira_Marrakech

Informal Sector Accounts for 20% of Morocco’s GDP- Study says

The informal sector makes up 20% of Morocco’s GDP said a study conducted by the association of Morocco’s employers (CGEM). The study shows that the textile sector remains the most affected with the informal economy rising up to 54% followed by road transport 32%, construction 31% and agri-food industry 26%. The informal sector employs 2.4 […]

Morocco’s King receives Central Bank’s annual report, focus on Kingdom’s economic & financial situation in 2024

King Mohammed VI received, on Tuesday at the Royal Palace in Tetouan, Governor of central Bank Abdellatif Jouahri, who presented to the Sovereign the Bank’s annual report on the Kingdom’s economic, monetary and financial situation in 2024. The royal audience was attended by Crown Prince Moulay El Hassan and Prince Moulay Rachid. In his address […]

Seizure of nearly 18 kg of cocaine at Casablanca airport, 2 Sub-Saharan nationals arrested

Police at the Casablanca Mohammed V International Airport seized this Wednesday 17.7 kg of cocaine and arrested two sub-Saharan nationals for their alleged involvement in this international cocaine trafficking. The suspects, aged 31 and 33, were arrested immediately upon their arrival at the airport. They were coming “from a Central African country,” said a statement […]