First Independent Mena Newspaper
The main source of foreign direct investment in Morocco in 2018 was Ireland, which accounted for 30% of FDIs flows, according to preliminary figures released by the Office des Changes. Thus, out of a total of 34.16 billion Dirhams, Ireland injected in Morocco 9.68 billion Dirhams (+ 6 billion dirhams in one year). France took […]
FDIs attracted by Morocco rose by 15.4% in 2017 to stand at 24.4 billion dirhams ($2.4 billion) compared to 21.2 billion in 2016, Morocco’s foreign exchange regulator, Office des Changes said. In a recent report, the office noted that remittances by Moroccans living abroad increased 4.5% to hit 65.4 billion dirhams in 2017. The Office […]
Morocco’s trade deficit deepened by 2.6% in 2017 to stand at 189.8 billion dirhams ($20.5 bln) compared to 185 billion dirhams in 2016, the Moroccan foreign exchange regulator (Office des Changes) said. Morocco’s exports increased by 9.3% to reach 244.9 billion dirhams, while imports rose 6.3% to 434.7 billion dirhams, the office’ recent data show. […]
The transactions made via Bitcoin, the digital payment system, constitute a “violation of regulations, punishable by penalties and fines”, said the Moroccan government agency “Office des Changes”. The Office stand comes few days after Moroccan digital services company MTDS said it would accept payment in bitcoin. According to the Office des Changes, the use of […]