Keywords: Exchange
Moroccan diaspora remittances reached a historic high of MAD 119 billion ($12.8 billion) in 2024, reflecting a 3.3% increase from the previous year, according to Morocco’s Foreign Exchange Office. These financial inflows continue to play a critical role in Morocco’s economic strategy, contributing......
Morocco’s OCP Group, the world’s leading exporter of phosphates and fertilizers, has reported impressive financial growth for the second quarter of 2025, reflecting its pivotal role in global agriculture. Strong revenue growth OCP recorded revenues of MAD 30.57 billion (approximately $3......
Artists from ten countries have gathered in Stuttgart for the exhibition Connecting Roots: Collective Stories, Individual Identities, which explores how memory shapes identity and connects communities across borders. Held at the ifa Gallery Stuttgart from August 1 to September 21, the show marks the......
Lebanon’s Labor Minister Mohammad Haïdar clarified on Sunday that the memorandum signed between Lebanon and Iraq focuses on expertise exchange and training, not on workforce recruitment, dismissing “misinterpretations” in some media reports. Following his official visit to Baghdad,......
Hamas has agreed to a ceasefire proposal brokered by Qatar and Egypt, offering a 60-day truce in Gaza amid mounting international and domestic pressure on Israel. The plan, announced Monday, aims to pause military operations, facilitate humanitarian aid, and exchange hostages to pave the way for permanent......
The Moroccan dirham exhibited mixed performance in July 2025, strengthening by 1.3% against the US dollar while depreciating by 0.2% against the euro, according to the latest economic review by Bank Al-Maghrib (BAM). These shifts coincided with a 1.5% rise in the euro’s value against the dollar. The......
China’s Evergrande Group, once a symbol of the nation’s real estate boom, will be officially delisted from the Hong Kong Stock Exchange on August 25 after 16 years of trading. The company, regarded as the world’s most indebted property developer with liabilities exceeding $300 billion......
The Casablanca Stock Exchange recorded a positive performance for the week of July 28 to August 1, 2025. The MASI, the market’s main index, rose by 0.85% to close at 19,570.63 points. The MASI 20, which reflects the performance of the 20 most liquid stocks, gained 0.92% to 1,609.11 points. Meanwhile,......
During the period from July 24 to 29, 2025, the Moroccan dirham appreciated by 0.6% against the euro and depreciated by 1% against the US dollar, according to Bank Al-Maghrib (BAM). In its latest weekly indicators bulletin, BAM reported that no foreign exchange auctions were conducted during this time.......
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