Morocco’s foreign exchange reserves climbed to an unprecedented 431.24 billion dirhams ($47 billion) at the end of October, up 19.6% from a year earlier, according to central bank data. Bank Al-Maghrib projects the upward trend will continue into 2026, reflecting strong tourism receipts and a sharp rebound in foreign direct investment (FDI). Travel revenues rose […]
As a process of tightening the bilateral relationship between Turkey and North African countries, and more precisely the Maghreb region, the Turkish Prime Minister Recep Tayyip Erdoğan is currently on a visit from June 3rd to June 6th to Morocco, Algeria and Tunisia. Erdoğan plans to meet the heads of state or heads of government […]
Morocco’s tourism industry is shaking off dust left by the pandemic with ambitions to attract 26 million tourists by 2030. The announcement was made by tourism minister Fatima Zahra Ammor at a meeting with tourism professionals to elaborate a new roadmap for the sector. The new tourism promotion plan aims to increase air links, promote […]
