The Moroccan dirham demonstrated varied performance in foreign exchange markets during January 16-22, appreciating 0.6% against the US dollar while declining 0.5% against the euro, according to Bank Al-Maghrib (BAM). During this period, BAM reported no currency auction operations in the foreign exchange......

From January 16 to January 22, 2025, the dirham appreciated by 0.6% against the US dollar and depreciated by 0.5% against the euro, according to Bank Al-Maghrib (BAM). During this period, no foreign exchange auction operations were carried out, as highlighted in BAM's weekly bulletin. As of January......

Morocco’s banking liquidity deficit has seen a notable improvement, declining by 8.26% to reach MAD 136.8 billion ($13.4 billion) in January 2025. This shift underscores healthier financial conditions and provides the economy with greater flexibility to grow and adapt.   According to BMCE......

Morocco and the European Union (EU) have reaffirmed their commitment to deepening cooperation in water management and sustainability initiatives. This pledge was highlighted during a recent visit by an EU delegation to the wastewater treatment station in Sidi Allal Tazi, located near Rabat. The delegation......

Morocco and Mauritania have taken a significant step toward enhancing their partnership in the energy sector by signing a memorandum of understanding focused on renewable energy and electricity cooperation. The agreement was signed in Rabat by Morocco’s Minister of Energy, Lelia Benali, and Mauritania’s......

In a strategic move to bolster their market presence, Crédit du Maroc and AtlantaSanad Assurance have entered into a bancassurance partnership. This collaboration aims to expand the range of insurance and savings products available to both individual and business clients of Crédit du Maroc,......

Fouzi Lekjaa, Morocco’s Minister Delegate for Budget, recently attended a pivotal meeting at the General Confederation of Moroccan Enterprises (CGEM) headquarters in Casablanca. The gathering focused on key economic issues, including the 2025 Finance Law, preparations for the 2030 World Cup, and......

Morocco's ambitious transportation infrastructure plan will inject MAD 96 billion ($9 billion) into railway upgrades by 2030, Transport and Logistics Minister Abdessamad Kayouh announced in Rabat. The comprehensive initiative aims to dramatically expand the nation's rail connectivity while modernizing......

Morocco's fuel sector demonstrated mixed performance in the third quarter of 2024, with total fuel imports reaching 1.7 million tons valued at $1.26 billion, marking a 10.8% volume increase despite a 9.75% value decline compared to 2023. The revenue of Morocco's nine major fuel distributors......

Morocco and Mauritania are preparing to sign a significant memorandum of understanding for electricity connection between the two nations, according to Morocco's Minister of Energy Transition and Sustainable Development, Leila Benali. The agreement, set to be finalized during the Mauritanian Energy......

Morocco’s economic outlook remains positive, with domestic demand expected to fuel a 4.2% growth in 2025, according to the latest projections from the High Commission for Planning (HCP). This follows an estimated 4.9% growth in 2024, highlighting the central role of domestic demand in sustaining......

A recent survey conducted by market research group Sunergia has uncovered significant gaps in retirement planning among Moroccans, highlighting widespread inequalities in access to pension coverage. The findings reveal that while 59% of Moroccans benefit from employer-provided retirement plans, a staggering......

On Thursday, in Rabat, a meeting took place between the Moroccan Secretary of State for Agriculture, Maritime Fisheries, Rural Development, and Water and Forests, Zakia Driouich, and the Ambassador of Oman to Morocco, Khalid Ben Salem Bamkhalif. The discussion focused on the future of cooperation in......