First Independent Mena Newspaper
Morocco is intensifying negotiations with European countries to safeguard the operations of its banks in the European Union and ensure the continued flow of remittances from Moroccans living abroad, central bank governor Abdellatif Jouahri said. After successful talks with France, Morocco plans similar negotiations with the Netherlands, Belgium, Spain and Italy, Jouahri told reporters following […]
Moroccan citizens abroad sent home record remittances totaling 111.53 billion dirhams ($12.07 billion) through November 2025, representing 1.6% annual growth from 109.8 billion dirhams during the corresponding 2024 period, according to Exchange Office data. The steady increase demonstrates continued diaspora support for Morocco’s national economy despite ongoing global economic challenges. Tourism sector recovery proved particularly […]