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Economy
The liquidity deficit in Morocco’s banking system has surged by 21.9%, reaching MAD 168.3 billion during the week of April 3 to 9. This significant rise highlights tightening conditions within the money market. According to BMCE Capital Global Research (BKGR), the deficit’s increase follows......
The National Initiative for Human Development (INDH) has planned approximately 8,200 projects in the Casablanca-Settat region between 2019 and 2024, with a total budget of nearly 4.3 billion dirhams (MMDH). Of these projects, 6,380 have been completed, accounting for 78%, with the INDH contributing 3......
Italian pharmaceutical and nutraceutical company PharmaNutra has recently made significant strides in its international expansion by signing agreements to distribute its health products in Morocco, Bahrain, and Peru. This development marks a key milestone as the company continues to grow its presence......
The European Bank for Reconstruction and Development (EBRD) has joined forces with the European Union (EU) and the Moroccan financing institution Finéa to provide essential support to small businesses in regions impacted by the devastating Al Haouz earthquake. On September 8, 2023, a powerful......
On Wednesday, the Deposit and Management Fund (CDG) of Morocco and the Jordan Industrial Estates Company (JIEC) signed a memorandum of understanding (MoU) in Madaba, Jordan. This MoU aims to foster a strategic partnership for developing the industrial sectors of both countries and enhancing their economic......
The Moroccan Agency for Investment and Export Development (AMDIE) has been honored as the Best Investment Promotion Agency in the MENA region during the Annual Investment Meeting (AIM 2025) held in Abu Dhabi. This recognition underscores AMDIE's significant role in promoting investment and exports......
Standard Chartered Plc is contemplating a strategic expansion into Morocco as part of its growth initiative across key African markets. This move aligns with the London-based bank's broader objective to enhance its wealth management and transaction banking services throughout the continent. Chris......
A report issued by the UK’s Department for Business and Trade on April 7, 2025, highlighted significant improvements in the trade agreement between Morocco and the United Kingdom, which took effect on January 1, 2021, under the bilateral partnership agreement. The latest data reflects an upward......
The National Program for Support of Research, Development, and Innovation (PNARDI) is a strategic initiative aimed at strengthening the infrastructure and capabilities of scientific research. This was emphasized by Azzedine El Midaoui, the Minister of Higher Education, Scientific Research, and Innovation,......
The National Customs Brigade has ramped up efforts in collaboration with the Royal Gendarmerie to dismantle a network specializing in the counterfeiting of motor oils and spare parts in several peripheral areas of Casablanca, including Lahraouiyine, Bouskoura, and Sidi Hajjaj. This network has converted......
The recent imposition of sweeping tariffs by U.S. President Donald Trump has sent shockwaves through global markets, particularly affecting long-standing U.S. trading partners like the European Union, Japan, and South Korea. However, several countries, including Brazil, Egypt, Singapore, and Turkey,......
Tangier is on the verge of becoming Morocco’s fourth city to implement a tramway system, following the announcement of an ambitious MAD 8.4 billion ($840 million) project. This initiative, which has been in the works since 2014, is now being propelled by the forthcoming 2030 World Cup, which Morocco......
The Caisse Nationale de Sécurité Sociale (CNSS) has announced the implementation of the retirement pension and contribution refunds starting from May 1, 2025, with retroactive effect from the retirement date. According to the provisions of decree 2.25.265, individuals who retire between......
