Business Emerging Markets Headlines Morocco

Marrakech, top trending destination in 2024- Airbnb says

Marrakech was ranked among the World’s top trending destinations in 2024 for vacation, rental platform Airbnb said. The Red city, known for its well-preserved centuries-old monuments and vibrant nightlife, was ranked 6th among 24 most attractive cities to visit this year, Airbnb said in a recent report. The ranking evidences the city’s resilience a few […]

Africa Community Headlines International Morocco

Royal Armed Forces intercept over 1,000 would-be immigrants in Northern Morocco

Units of the Royal Armed Forces (FAR) in charge of border surveillance in the cities of Nador, M’diq, and Fnideq carried out several interception and removal operations of candidates for irregular emigration during the night of Sunday Dec.31, 2023 to Monday, January 1, 2024. The FAR units also participated in joint cleanup operations in collaboration […]

Headlines Morocco

Morocco’s Royal Navy intercepts suspicious vessel off Dakhla

A frigate of the Royal Navy intercepted, on Sunday, December 31, 2023, a suspicious vessel approximately 345 km southwest of Dakhla, 85 km off the coastline. The vessel, carrying five individuals, refused to comply and attempted to evade capture and flee towards open waters. The intercepted ship was found to be carrying four Venezuelan nationals […]

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Morocco steps up extensive social reform program, introduces direct financial assistance for needy families

Morocco has stepped up its extensive social reform program by introducing direct financial assistance for needy families. As of this December 28, nearly one million families, or 3.5 million Moroccans, started receiving direct financial assistance for the first time. This long-awaited measure ensures a minimum amount of 500 dirhams (about 45 euros) per month, regardless […]

Africa Emerging Markets Headlines International Morocco Technology

AI integration into public services, Morocco ranks 5th in Africa

Morocco ranked fifth in the list of African countries ready to effectively integrate AI into public services, according to the Oxford Institute AI readiness index. With an overall score of 43.34 out of 100, the Kingdom is becoming increasingly ready to embrace and implement the technology, according to the “Government AI Readiness Index 2023” report, […]

Columns Emerging Markets Headlines International Morocco

Retrospective 2023: Morocco’s Football World Cup Dream Becomes Reality!

Morocco’s football fairytale continues to inspire and impress the world which has recognized the major strides accomplished by the country in the field of sports under the leadership of King Mohammed VI. In early October 2023, the success-story of the North African Kingdom was crowned with the announcement made by the Monarch to the Moroccan […]

Americas Columns Comments Headlines International Morocco

U.S. Maintains Unchanged Stance on the Moroccan Sahara: Denial of Allegations and Highlighting Geopolitical Tensions with Iran

The U.S. State Department recently reiterated that the United States’ stance on the issue of the Moroccan Sahara remains “clear and consistent.” This confirmation follows former President Donald Trump’s declaration in December 2020, recognizing Morocco’s sovereignty over Western Sahara. The United States reaffirms unwavering support for the position on the Moroccan Sahara and warns against […]

Business Emerging Markets Finance Headlines Morocco

Morocco narrows its trade deficit by 7.6% in November

Morocco cut its trade deficit by 7.6% in November thanks to higher exports of the automotive sector and lower energy prices. Morocco’s imports stood at 653 billion dirhams, down 3.3%, while its exports remained almost stable at 392 billion dirhams. A drop in phosphates and by product sales was compensated by an improvement in sales […]

Emerging Markets Europe Finance Headlines International Morocco

EIB supports Morocco’s forest strategy with €100 million

The European Investment Bank will support Morocco’s Forest Strategy 2020-2030 with €100 million under a financing agreement signed in Rabat on Thursday Dec. 28. The agreement, which falls in the frame of cooperation between Morocco and the EIB and which spans the period from 2024 to 2028, focuses on climate change adaptation, biodiversity promotion, and […]