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Morocco’s Foreign Exchange Reserves Stand at 201.5 Bln Dirhams by July 2017

Morocco’s foreign exchange reserves stood at 201.5 billion Dirhams by July 2017, shrinking 16.4% compared to the same period last year, the Central Bank, Bank Al Maghrib said. The Bank said it maintains key interest rate at 2.33%, adding that the exchanges volume rose from 5.4 billion to 8.2 billion DH. The drop in Morocco’s […]

Morocco’s flag carrier increases seats capacity to 6.2 Mln to over 90 destinations during summer season

Morocco’s flag carrier Royal Air Maroc (RAM) announced, Monday, that it will deploy an exceptional flight program during the summer season, with an offer of 6.2 million seats on more than 90 destinations. “On the eve of a summer season that promises to be exceptional, Royal Air Maroc is deploying a reinforced flight program on […]

Morocco Sends Humanitarian Assistance to Rohingya Muslims

Morocco sent on Monday an emergency humanitarian assistance to Rohingya Muslim refugees fleeing their country Myanmar to neighboring Bangladesh. The Moroccan Foreign ministry said the aid was sent upon instruction of King Mohammed VI to alleviate the sufferings of this Muslim minority and support the efforts made by Bangladesh, which is providing shelter to these […]