Business Egypt Emerging Markets Headlines Morocco

Morocco maintains tourism lead in North Africa with 4 million Q1 Visitors

Morocco has maintained its position as North Africa’s tourism leader in the first quarter of 2025, welcoming 4 million visitors, a 22% increase compared to the same period last year. This performance keeps Morocco ahead of Egypt (3.9 million visitors, up 5%) and Tunisia (2.3 million visitors through April 20, up 8.8%). Morocco’s strong performance […]

Culture Emerging Markets Finance Headlines Morocco

Tourism, Morocco’s leading revenue source

Morocco’s tourism continues its impressive performance with 2.4% increase in receipts by the end of March 2025, compared to the same period in 2024, with nearly 24.63 billion dirhams (approximately $2.5 billion), the foreign exchange office said. Tourism has emerged as Morocco’s leading revenue source, surpassing key sectors including automotive, chemicals, food, information technology, and […]

Emerging Markets Finance Headlines Morocco

Remittances, tourism receipts to hit record in 2026- Morocco’s central bank says

Two key sources of Morocco’s inflow of hard currency, remittances from Moroccans abroad and tourism receipts are heading towards another record in 2026 at 123 billion dirhams ($12.8 bln) and 125 billion dirhams ($13 bln) respectively, the central bank said. This improvement would help offset the deepening trade deficit due to higher imports of equipment […]

Business Emerging Markets Headlines Morocco

Morocco’s tourism revenue up 10% in January

Morocco’s tourism continues its impressive performance with 10% increase in receipts to 8.8 billion dirhams or 880 million dollars, the foreign exchange office said. Remittances from Moroccans living abroad rose 0.5% to 950 million dollars in the first month this year. Foreign direct investments jumped 24% to 500 million dirhams, helping attenuate the country’s current […]

Culture Egypt Headlines Lifestyle

Turkey returns 152 Egyptian artifacts after seizing stolen cultural assets

Turkish authorities have successfully returned 152 cultural artifacts of Egyptian origin after they were seized during a search of a foreigner’s home in Turkey. The items, including figurines, seals, and amulets dating from 4000 B.C. to the 1st century, were identified by experts from the Fethiye Museum as being unlawfully acquired. Legal action was promptly […]

Business Emerging Markets Headlines Morocco

Morocco’s tourism receipts hit record $11.2 billion

Morocco’s tourism revenue grew 7% to 11.2 billion dollars thanks to increased arrivals, the tourism ministry said. With 17.4 million tourists visiting in 2024, arrivals were two years ahead of schedule or 20% higher compared with 2023, showing the country has turned the Covid-19 page thanks to major investments in its hospitality sector. Morocco plans […]

Business Emerging Markets Headlines Morocco

Morocco tops African destinations with 17.4 million tourists in 2024

Morocco has become Africa’s top tourist destination with new record arrivals of 17.4 million tourists in 2024, the tourism ministry said. Arrivals were two years ahead of schedule or 20% higher compared with 2023, showing the country has turned the Covid-19 page thanks to major investments in its hospitality sector. Of all visitors, 51% were […]

Business Emerging Markets Headlines Morocco

Tourism: Morocco crowned ‘most welcoming destination’ at London WTM

Morocco’s National Tourist Office (ONMT) received the “Most Welcoming Destination” award on Tuesday evening at the Arab Travel Awards, held on the sidelines of the World Travel Market (WTM), which runs from November 5 to 7 in London. At the 2024 edition of the WTM, the ONMT highlighted Morocco’s offer through a vast 800-square-meter pavilion, […]

Business Emerging Markets Headlines Morocco

Morocco’s tourism revenue at record $1.75 bln in August

Morocco’s tourist receipt grew 20% in August to a record 17 billion dirhams or $1.75 billion, underscoring a strong recovery of the sector, the tourism ministry said. In the first eight months this year, travel receipts increased 7% to 76 billion dirhams ($7.8 bln), it said in a statement. “These results confirm the unprecedented momentum […]

Business Emerging Markets Headlines Morocco

Morocco receives 10 million tourists in Jan-July

Morocco received 10 million tourists up to July this year, a record, as the country expects to outperform last year’s arrivals, the finance ministry said. Arrivals in the first seven months were 15% up compared to the same period last year, it said. In the month of July alone, 2.6 million people visited Morocco, up […]