Business Emerging Markets Europe Headlines International Morocco

Ways to foster expatriates’ investment in Morocco explored at London meeting

A meeting held in London on Friday explored ways for Moroccan expatriates to make the most of the measures put in place by Morocco to increase their investments in their country of origin. Held under the theme “MDM Investments: New Challenges, New Financing, Institutional Responses,” the event is part of a series of conferences initiated […]

Business Community Finance Headlines Morocco

Remittances by Moroccans abroad account for 20% of Morocco’s total forex reserves

Money sent home by Moroccans living abroad represented 20% of overall foreign exchange reserves held by Morocco, head of the government Saad Eddine El Othmani said. Despite the pandemic, remittances proved resilience and showed the values of solidarities held dear by Moroccans. Total remittances stood at 7.4 billion dirhams in 2020, up from 6.9 billion […]

Headlines Morocco

Entrance to Morocco conditioned on coronavirus test

Moroccan nationals and foreign residents and their families can finally enter Morocco starting on July 15 provided they take a coronavirus test 48 hours in advance, the government said. The same categories are also allowed to leave the country with students having to submit a special permission to authorities, the government said in a statement. […]

Asia Headlines International Morocco

Morocco accommodates 1000 nationals stranded in Istanbul; pays for burial costs of deceased expatriates

Morocco has booked hotel rooms for 1000 of its nationals who have been stranded in Istanbul after the country imposed a passenger flight ban over coronavirus fears. The Moroccan consulate in Istanbul booked 479 rooms in 16 hotels in Istanbul for the stranded Moroccans. Turkey has become a favorite destination for Moroccan middle class tourists […]

Europe Headlines International Maghreb Morocco

Over 2.7 million Moroccan expatriates return home for summer holidays

Some 2.765 million Moroccans living abroad, mainly in Europe, entered Morocco this summer according to figures released on August 30. Head of the Government Saad Eddine EL Otmani said in a tweet the number of Moroccans returning to their homeland in the summer increased 3.4% compared to last year’s summer season. “This reflects a growing […]

Europe Headlines International Morocco

Moroccans, First Recipients of Citizenship of EU Member States in 2017

The Moroccan expatriates in Europe were the largest group that acquired the citizenship of a EU country in 2017, according to the European Union Statistics Agency. In 2017, around 825,000 persons acquired citizenship of a Member country of the European Union (EU), down from 995,000 in 2016 and 841,000 in 2015, said Eurostat. The Moroccans […]