2024

2024

The Bank of Morocco reports net profits of 6.46 billion dirhams for 2024, with a growth of 27%.

Economy
Bank Al-Maghrib Reports Net Profit of MAD 6.46 Billion in 2024, Showing 27% Growth Bank Al-Maghrib concluded the year 2024 with a net profit of MAD 6.46 billion, ...
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The automotive sector continues to lead Moroccan exports in 2024.

Economy
The Automotive Sector Continues to Lead Morocco’s Exports in 2024 The automotive sector recorded a 6.3% increase in its export value in 2024, reaching 157.6 billion dirhams, maintaining ...
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Foreign Direct Investment Flows Surge in Morocco by 55%

Economy
Follow-Up Foreign direct investment flows into Morocco in 2024 have seen a remarkable increase of 55% compared to 2023, according to recent data from the "Ofinda" agency. The ...
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New National Report: 2024 a Record Year for Heat and Drought in Morocco

Society
A new national report has stated that 2024 will be a record year for temperature rise and drought in Morocco. The General Directorate of Meteorology presented the “Climate ...
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The need for financing rises by 1.2% of the GDP.

Economy
The High Commission for Planning revealed in a report on the economic situation for 2024 that the national economy has recorded an increase in financing needs, rising from ...
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National savings stabilizes at 28.9% in 2024

Economy
National savings stabilize at 28.9% in 2024 The High Commission for Planning has reported that national savings stabilized at 28.9% of GDP in 2024, compared to 28% the ...
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Moroccan economy records a growth of 3.8% in the year 2024.

Economy
The results of the 2024 national accounts indicate that Morocco’s economic growth improved to 3.8% compared to 3.7% in 2023, driven by domestic demand, as well as the ...
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Morocco is the Sixth Largest Arab Investor in Egypt

Economy
Morocco Ranked Sixth Among Arab Investors in Egypt According to data from the Central Agency for Public Mobilization and Statistics in Egypt, Morocco has secured the sixth position ...
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The share of coal in Morocco’s electricity generation mix is declining.

Spain and Portugal
Society
Coal’s Share Declines in Morocco’s Electricity Generation Mix The share of coal in Morocco’s electricity generation mix recorded a significant decline in 2024, reaching its lowest level since ...
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Al-Tawfiq: The total grants provided by the ministry to religious leaders in 2024 reached 2.35 billion dirhams.

tawfik
Society
Ahmed Toufiq, the Minister of Endowments and Islamic Affairs, stated yesterday in the House of Representatives that the total bonuses provided by the ministry to religious officials for ...
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