Keywords: Economic
As Iran's highly anticipated run-off presidential election draws near, a palpable sense of urgency hangs in the air. With a record-low voter turnout in the first round on June 28th, efforts to bolster public engagement have taken on an almost desperate tone. Painted as a battle between "moderate"......
In a groundbreaking move to address the pressing issue of inadequate housing, the Council of the Casablanca-Settat region has unveiled an ambitious program to relocate and rehouse 62,000 families currently residing in the region's informal settlements. This comprehensive initiative, aligned with......
After years of dormancy, an ambitious project to construct a subaquatic tunnel linking Europe and Africa is once again capturing the attention of policymakers and the public alike. The proposed tunnel, estimated to cost a staggering €6 billion, aims to establish a groundbreaking connection between......
In its comprehensive assessment of the nation's economic performance during the first quarter of 2024, the High Commission for Planning (HCP) revealed a moderation in the growth rate of the national economy, which stood at 2.5% compared to 3.9% during the same period the previous year. Despite this......
Both nations emphasize the importance of enhancing cooperation across various sectors, including security and energy. In a groundbreaking move to bolster renewable energy efforts, Morocco and Germany have announced a strategic "energy alliance." This partnership, unveiled during a visit to......
In a striking display of economic resilience, trade between Israel and Morocco has experienced a remarkable surge, defying regional political tensions and public sentiment. Recent data from the Abraham Accords Institute reveals a 64% increase in bilateral trade during the first five months of 2024, reaching......
In a promising forecast for Morocco's economic landscape, Bank Al-Maghrib (BAM), the country's central bank, has unveiled projections that paint a picture of robust growth across multiple sectors. The standout prediction: remittances are expected to reach an unprecedented MAD 123.7 billion ($12......
In a decisive press conference on Tuesday, Bank Al-Maghrib Governor Abdellatif Jouahri delivered a sobering assessment of Morocco's readiness to transition to a flexible exchange rate regime. Despite notable macroeconomic progress, Jouahri emphasized that the nation's economic landscape, particularly......
In a groundbreaking assessment of global energy landscapes, the World Economic Forum's (WEF) "Fostering Effective Energy Transition 2024" report has thrust Morocco into the spotlight as the vanguard of clean energy adoption in North Africa. The kingdom's ascent to the 65th position......
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