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Keywords: Economic growth


Morocco's Central Bank Maintains Interest Rates: A Balancing Act for Economic Recovery

In a strategic move to support the nation's economic recovery, Morocco's central bank, Bank Al-Maghrib (BAM), has decided to hold its key interest rate steady at 2.75%. This decision, announced on September 25, 2024, reflects a delicate balance between managing inflation and fostering economic......

Morocco's Economic Outlook: A Balanced Approach to Growth and Resilience

Morocco's economic trajectory is set to navigate a delicate path in the coming year, with the Bank Al-Maghrib (BAM) projecting a modest growth rate of 2.8% for 2024. This forecast, while indicating a slowdown from previous years, reflects a strategic approach to managing economic challenges and positioning......

Morocco's Tourism Industry Soars: A Record-Breaking Year Unveils Impressive Growth

Morocco's tourism sector is experiencing an unprecedented boom, with the latest figures revealing a remarkable surge in overnight stays during the first half of 2024. The North African nation has witnessed a significant influx of visitors, surpassing expectations and solidifying its position as a......

Manchester United's Stadium Revamp: A £97 Billion Economic Boost for Britain

In a move that promises to significantly impact the UK's economic landscape, Manchester United has unveiled ambitious plans to rejuvenate its iconic stadium, Old Trafford. The proposed redevelopment is not merely a facelift for the legendary football arena but a strategic investment with far-reaching......

Morocco's Bold Vision: Unveiling an Ambitious Modernization Agenda

In a country known for its rich cultural heritage and diverse landscapes, Morocco is embarking on a transformative journey towards modernization. Despite facing various challenges, the North African nation's ambitious agenda promises a promising future, capturing the attention of both regional and......

Morocco's Foreign Investment Surge: A Promising Economic Turnaround

Morocco's economy has witnessed a remarkable surge in foreign investment, with a significant 46.8% increase recorded in 2024. This impressive growth has positioned the country as an attractive destination for international investors, solidifying its status as a key player in the global investment......

Egypt's Soaring Interest Rates: A Double-Edged Sword for Economic Growth

Egypt currently holds the distinction of having the highest interest rates among all Arab nations, with a staggering 27.25% set by its central bank. This monetary policy decision reflects Egypt's aggressive strategy to attract foreign investment in treasury bonds and bills, particularly in response......

OCP Group's Strategic Move: A Win-Win Scenario for Morocco's Phosphate Industry

In a significant development for Morocco's phosphate industry, the OCP Group has expressed its satisfaction with the recent decision by the US-based company Mosaic to withdraw its request for a review of import duties on Moroccan phosphate rock. This move, welcomed by OCP, has the potential to reshape......

Morocco's Petroleum Sector: A Transformative Marking System to Boost Transparency and Efficiency

Morocco's petroleum sector is on the cusp of a significant transformation, with the introduction of a new marking system set to revolutionize the industry's operations and governance. This ambitious initiative, slated for implementation in 2025, aims to enhance transparency, streamline processes,......

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