Economy
In a curious twist of fate, Morocco's real estate market encountered a puzzling dynamic in the first quarter of 2024. While property prices showed a modest upward trend, the volume of transactions sharply declined, casting a perplexing shadow over the sector's dynamics. Data released by Bank......
In a bid to provide timely financial relief during the festive period of Eid Al-Adha, Morocco's Deposit and Management Fund (CDG) has announced the early disbursement of pensions. This initiative will see pensions from retirement plans, solidarity fund annuities, and related assistance payments that......
In a year marked by significant strides in energy development, Chariot, an Africa-focused transitional energy company, has reported impressive advancements across its gas, renewables, and green hydrogen projects, particularly in Morocco. The company's audited final results for 2023 highlight a series......
In a significant milestone for economic cooperation, the United Arab Emirates (UAE) has firmly established itself as the largest Arab investor in Morocco and the second largest on a global scale. This development, highlighted by Hassan Berkani, President of the Casablanca-Settat Chamber of Commerce,......
In a landmark agreement poised to reshape the renewable energy landscape, Jan De Nul Group, a global powerhouse in marine construction, and Fortescue, a leading entity in green technology, energy, and metals, have joined forces. This collaboration aims to facilitate the transport of green electrons from......
The Moroccan economy continues to display resilience and investor confidence, maintaining market stability despite global economic fluctuations. Bank Al-Maghrib (BAM), the country's central bank, has significantly increased its interventions in the monetary market, injecting MAD 127 billion ($12.7......
In a significant move aimed at bolstering sustainable industrial development worldwide, the United Nations Industrial Development Organization (UNIDO) and the Policy Center for the New South (PCNS) have forged a strategic partnership. This collaboration, formalized on June 6th at the PCNS headquarters......
Rabat Business School (RBS) asserts its position as a prominent institution shaping future business leaders. The latest employability survey underscores the seamless transition of its graduates into professional roles, with an impressive 86% employment rate among 2024 master's program alumni, solidifying......
The African Development Bank (AfDB) is poised to inject a substantial investment of more than 850 million dirhams (equivalent to 84 million euros) into Morocco's forestry sector. The Board of Directors of the AfDB Group has approved this financing as part of a project aimed at supporting the inclusive......
In a bold step towards fostering local talent and drawing international investment, Morocco recently hosted its inaugural Moroccan Gaming Expo, signaling its aspirations to lead Africa's growing gaming industry. Organized by the Ministry of Youth, Culture, and Communication, the three-day event......
In a proactive move to ensure a seamless transition during the upcoming butane gas subsidy reform, the Ministry of Energy Transition and Sustainable Development convened a crucial meeting in Rabat on Monday. The gathering brought together representatives from various sectors, including the Ministries......
