Morocco’s dirham appreciated 1.3 percent against the U.S. dollar while weakening 0.7 percent versus the euro between May and June 2025, according to Bank Al-Maghrib’s latest monthly economic review, reflecting broader currency market dynamics and the euro’s strength. The central bank attributed these movements partly to the euro’s 2.1 percent appreciation against the dollar during […]
Morocco’s textile exports to Europe rose 23% so far in 2021 compared to 2020 which was marked by low demand due to the global pandemic, Morocco’s industry minister said. The sector showed resilience in the face of Covid-19 as local operators shifted production to meet domestic demand in terms of masks and protective gear and […]
More than 80 migrants are missing after a boat carrying around 120 people capsized in the Mediterranean Sea after departing from Tadjoura, libya, on Sunday, April 5, the UN migration agency reported on April 7, 2026. According to the International Organization for Migration, the vessel overturned after taking on water amid harsh weather conditions. Rescue […]
