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Keywords: Euro
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......
Morocco is preparing to tap international debt markets with a new euro-denominated bond issuance, its first since 2023, to help finance an ambitious infrastructure development program ahead of co-hosting the 2030 FIFA World Cup. Finance Minister Nadia Fettah Alaoui emphasized the country's current......
CFAO MOBILITY has officially introduced the new OMODA E5, a fully electric SUV, at the Green Impact Expo & Summit 2025 in Casablanca. Designed for environmentally conscious drivers, the OMODA E5 boasts a 430 km range, cutting-edge technology, and a 5-star Euro NCAP safety rating. A Futuristic and......
In a landmark gathering in Rabat, Morocco has been hailed as a pivotal player in fostering Euro-Mediterranean cooperation, with a strong emphasis on youth-driven solutions to regional challenges. The event, hosted by the European People’s Party (EPP) Youth wing, marked the first time the annual......
From January 16 to January 22, 2025, the dirham appreciated by 0.6% against the US dollar and depreciated by 0.5% against the euro, according to Bank Al-Maghrib (BAM). During this period, no foreign exchange auction operations were carried out, as highlighted in BAM's weekly bulletin. As of January......
The UK government has firmly rejected the possibility of joining a pan-European trade agreement. This statement came in response to comments from European Union Trade Commissioner Maros Sefcovic, who suggested that the UK could consider joining the Pan-Euro-Mediterranean Convention (PEM) as part of a......
Between January 02 and 08, 2025, the Moroccan dirham showed a positive trend, appreciating by 1.4% against the euro and 0.6% against the US dollar, according to Bank Al-Maghrib (BAM). During this period, no foreign exchange operations were conducted, as highlighted in BAM's weekly report. As of......
LONDON, Jan 6 – The dollar fell by 1% on Monday following a report suggesting that President-elect Donald Trump might implement tariffs targeting only critical imports, offering potential relief to countries bracing for more extensive levies. Reports indicated that Trump's team was considering......
The U.S. dollar is poised to achieve its best annual performance in nearly a decade, supported by a combination of economic strength and growing demand. Throughout the year, the dollar has seen a significant appreciation of 7%, marking its most substantial rise since 2015. This surge has led to a decline......
