Keywords: Economy
The European Union's latest banking regulations, initially designed to address post-Brexit financial concerns, have inadvertently raised alarms in Morocco. These new rules threaten to disrupt a crucial economic lifeline for the North African nation – remittances from its diaspora in Europe. In......
In a bold move to reshape Morocco's cultural landscape, Minister of Youth, Culture, and Communication Mohamed Mehdi Bensaid has called for a transformation in the nation's approach to cultural and creative industries (CCIs). Speaking at the opening of the second edition of the CCI Sessions in......
Morocco's economy faced a challenging landscape in the second quarter of 2024, with growth slowing to 2.4%, down from 2.5% in the same period last year. This slight deceleration masks significant shifts across various sectors, painting a complex picture of the nation's economic health. Primary......
In an increasingly interconnected global economy, a growing number of nations are questioning the current international order and seeking alternatives to U.S. dollar dominance. This shift in perspective is not merely about economic policy; it represents a fundamental challenge to the existing power structures......
In a significant move towards sustainable transportation, Morocco's Mohammed VI Polytechnic University (UM6P) has joined forces with global technology leader Capgemini to explore cutting-edge solutions for hydrogen storage in vehicles. This collaboration marks a crucial step in positioning Morocco......
Morocco's coastal tourism sector, a vital component of its blue economy, faces a stark challenge as climate change threatens to erode up to 32% of jobs by 2035, according to a recent World Bank report. The study, "Climate Change Impacts on the Blue Economy in Morocco: Prospects for Jobs in Coastal......
Morocco's tourism sector is experiencing a remarkable resurgence, with the country welcoming 11.8 million tourists by the end of August 2024. This impressive figure represents a 16% increase compared to the same period last year, according to data released by the Directorate of Financial Studies......
In a remarkable development, Morocco has surpassed expectations and made significant strides in the Global Innovation Index (GII), solidifying its position as a rising star in the realm of innovation and creativity. The country's performance has not only caught the attention of industry experts but......
In a significant development for Morocco's financial sector, the Saham Group has received the green light to acquire Société Générale Maroc, a prominent banking institution. This strategic move, approved by the country's regulatory authorities, marks a pivotal moment......
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