Laylat al Qadr, the Night of Power, is a night like no other—a moment of divine connection when the heavens open, angels descend, and prayers bear immeasurable weight in the eyes of the Almighty. Observed during Ramadan, it holds a special place in the hearts of Muslims, particularly in Morocco, where spiritual devotion intertwines with......

In a significant crackdown on drug trafficking, Moroccan police seized nearly two tons of hashish during an operation in Kenitra on Thursday. The operation was initiated following precise intelligence from the General Directorate for Territorial Surveillance (DGST), leading to the interception of a utility vehicle believed to be transporting......

Recent developments in Morocco’s municipal landscape have revealed a series of dismissals affecting key department heads and employees in critical sectors such as taxation and urban planning. These changes have predominantly occurred in municipalities that faced audits by the General Inspectorate of Territorial Administration (IGAT). Reports......

In 2024, Morocco's extractive sector experienced a notable boost, thanks to the phosphate industry. The sector finished the year with a 21% growth in its production index, reversing the previous year’s decline of 5.3%, according to the Directorate of Studies and Financial Forecasts (DEPF), which is part of the Ministry of Economy......

In a significant move to bolster maritime security cooperation, the Spanish Civil Guard (GCE) and the Moroccan Royal Gendarmerie (GRM) have initiated joint patrols around Las Palmas in the Canary Islands. This initiative aims to combat criminal networks facilitating irregular migration from Morocco to the islands. The collaborative effort,......

Morocco has successfully executed an international bond issuance totaling €2 billion, marking its first such move since 2020. Sources close to the Ministry of Finance indicate that officials were still on site as initial details of the operation began to surface. To lead this issuance, Morocco enlisted the expertise of BNP Paribas, Citi,......

Falcon Energy Materials, a Canadian company, has successfully completed a non-brokered private placement, raising CAD 6.52 million (approximately MAD 47.6 million). Initially, the placement was intended to issue 10 million units, but it resulted in the issuance of 10,874,832 units priced at CAD 0.60 (around MAD 4.38) per unit. Each unit consists......

Morocco's economy is set to grow by 3.6% in 2025, an increase from 3.2% in 2024, according to the World Bank's latest economic report titled "Prioritizing reforms to boost the business environment." This optimistic projection comes despite the adverse impact of droughts on agricultural output in 2024, with non-agricultural......

Italian asset management firm Azimut Holding has made a significant move into the Moroccan market by acquiring minority stakes in two subsidiaries of Red Med Capital, a prominent independent investment bank in Morocco. This strategic investment marks Azimut's inaugural foray into the Moroccan financial landscape. The acquisition includes......

Morocco, as the sole representative from North Africa, participated in a ministerial roundtable held in London focusing on water security and climate challenges. This event served as an opportunity to present the Kingdom’s strategic directions regarding natural resource management and energy transition, in the presence of various ministers......

Morocco has successfully raised €2 billion ($2.2 billion) in euro-denominated bonds, marking its first eurobond sale in five years. This significant financial move attracted bids totaling over €6.75 billion, surpassing initial expectations by €500 million. The funds will primarily support the nation’s preparations for......

This Saturday, a partial solar eclipse will take place over the Northern Hemisphere, lasting approximately four hours. While it will not darken the sky completely, it must still be observed with caution. The celestial event will begin at 08:50 GMT and conclude at 12:43 GMT. According to Florent Deleflie, an astronomer at the Paris Observatory-PSL,......

OCP Nutricrops, a subsidiary of the OCP Group and a prominent player in phosphate-based fertilizers, has unveiled a significant investment plan aimed at increasing its fertilizer production capacity by 9 million tons by 2028. This ambitious project involves the establishment of two new mining and industrial hubs located in Mzinda, Youssoufia,......