Home / Finance & Economy

Finance & Economy

New car sales in Morocco up 5.7% in 2021

The Association of Automotive Importers in Morocco (AIVAM) unveiled the figures on the automotive market on Thursday. In 2021, sales of new cars in Morocco amounted to 175,360 units, up 5.7% compared to 2019, announced Adil Bennani, president of AIVAM. By segment, the number of new registrations of passenger cars …

Read More »

FATF: Morocco still placed on “gray list”

Morocco’s ability to fight effectively against money laundering, terrorist financing and proliferation, an action that requires a coherent approach on a global scale, was considered insufficient and therefore put on the backburner (gray list) by the Financial Action Task Force (FATF). In any case, this is what the final declaration …

Read More »

Morocco’s high-speed train goes green

Since Saturday January 1, the Moroccan high-speed train, Al Boraq, is gradually switching to green energy. The idea is to replace the electricity consumption of the national rail network with clean energy. According to an ONCF press release, the green transformation will be gradual. The Office hopes with this new …

Read More »