The art market in Morocco is profitable. The industry has been thriving for the past few years, and annual sales range currently between DH 400 and 500 million. Although this amount seems significant at first, it remains marginal for a country like Morocco, which should regard art as a job-creating sector vital for economic development like tourism and real estate.
A Financial Data Processing Unit (UTRF) has been created to fight money laundering.
The new unit will be in charge of processing and spreading financial data, in order to guarantee coordination among administrations, public institutions and legal entities, with the aim of fighting money laundering.
Moroccan Diaspora Project: Mapping Moroccan presence in the world
Focus
Morocco's Water Programmes: A Regional ModelTuesday, 08 June 2010The arid Middle East and North Africa (MENA) region faces imminent water challenges due to climate change and demographic pressure, but some countries, such as Morocco, have begun the task of aggressively securing future water supplies.