The Moroccan dirham has appreciated by 2.3% against the US dollar while experiencing a slight decline of 0.6% against the euro, as reported by Bank Al-Maghrib (BAM). This currency fluctuation indicates a brief period of strength for Morocco's national currency amidst ongoing financial adjustments. In a notable development, BAM did not......

Casablanca, April 17, 2025 – The Société Centrale de Réassurance (SCR) has reached a pivotal milestone by adopting a new identity: Atlantic Re. This transformation is part of a strategic shift aimed at solidifying national leadership while accelerating regional expansion. A significant step in a historic trajectory With......

Morocco's historical Christian legacy, which spans nearly two millennia, has evolved into a pivotal aspect of its diplomatic relations with the Vatican. According to insights shared by the Catholic news platform Aleteia, the North African nation continues to protect religious minorities within its predominantly Muslim society. The territory......

The Nigerian state of Kano has initiated a strategic financial framework with Morocco, aiming to attract over $10 billion in direct investments over the next five years. This collaboration will focus on renewable energy, structured agriculture, and mining development, following a high-level visit by Kano State Governor Abba Kabir Yusuf to......

Morocco has reaffirmed its position as the foremost country in Africa and the Arab world for intellectual property (IP) protection and innovation, ranking 22nd globally in the 2025 International IP Index with a score of 59.21. This represents a slight decline from its 2024 score of 62.76 out of 100. The US Chamber of Commerce credits this......

As Casablanca buzzes with preparations for the grand CAN 2025 and the 2030 World Cup, another, quieter project unfolds just steps away from the glitzy Morocco Mall. Behind metal barriers lies a different kind of excavation, one that seeks to uncover the distant past rather than build the future. At the archaeological site of Carrière......

OCP Green Water, a subsidiary of Morocco’s OCP Group, has successfully secured MAD 6 billion (approximately $620 million) in financing aimed at expanding its desalination initiatives. The funding, sourced from the Caisse de Dépôt et de Gestion (CDG), a prominent public financial institution in Morocco, was structured through......

Morocco and Mauritania have reached a significant milestone in their economic collaboration with the signing of a protocol agreement to establish the Nouakchott Stock Exchange. This development marks a new chapter in the relationship between Rabat and its southern neighbor. Formalized on Thursday between the Central Bank of Mauritania (BCM)......

Morocco is actively working to complete over 120 construction and renovation projects across six cities in anticipation of the 2025 Africa Cup of Nations (AFCON). Scheduled to take place from December 21, 2025, to January 18, 2026, this prestigious tournament will feature 24 of Africa's top national teams. A strategic meeting convened......

Casablanca Finance City (CFC) has been highlighted as a significant asset in bolstering the economic partnership between Morocco and Ireland, according to a recent feature in the Irish publication BusinessPlus Magazine. Ger Corbett, Chief Executive Officer of the Sandyford Business District (SBD), one of Ireland's leading business hubs,......

In a bold move to enhance client engagement in the real estate sector, Bank of Africa has announced the launch of its new event series, "Les Escales de l’Immobilier." Following the success of its previous edition in Fès, this national tour will make stops in Nador, Oujda, Marrakech, and Tanger, aiming to connect real......

The upcoming fourth edition of the Sonasid High Atlas Ultra Trail (HAUT) promises to be a remarkable event that intertwines nature, culture, and community in the stunning High Atlas Mountains of Morocco. Scheduled to take place on May 3-4, 2025, this race will traverse several villages and the breathtaking Toubkal National Park, Morocco's......

The Société Centrale de Réassurance (SCR) has officially rebranded as Atlantic Re, marking a significant shift in the company’s strategic direction. This announcement coincided with the inauguration of its new headquarters at Casablanca Finance City, reinforcing its commitment to enhancing Morocco's role in African......