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Morocco: FDI Flow, Expatriates’ Remittances Grew in 2017

Remittances of Moroccans living abroad, one of the main source of foreign exchange reserves in Morocco, grew by 4% in the first eleven months of 2017 to stand at 60.2 billion dirhams ($6.5 bln), while FDI flow in the country grew by 13.2% to 21.8 billion dirhams over the same period compared to 19.3 billion […]

Morocco calls for setting up an economic forum of Community of Sahel-Saharan States

Morocco has called on businessmen of the Community of Sahel-Saharan States (CEN-SAD) to set up an economic forum to enhance dialogue, contacts and joint cooperation in regional and international markets. The call was made by Foreign Minister Nasser Bourita in an address he made Tuesday in Rabat at the preparatory meeting for the 21st Ordinary […]

A whole town’s stock trading blocked by a hurricane

For the first time in 27 years, the New York stock exchange market closed due to extreme weather conditions.  During these last few days the proximity of Hurricane Sandy to this economical center of the US has been known. Many roads were blocked and thousands of residents were told to evacuate. But the decision to […]