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Keywords: Exchange


Dirham Declines Against Euro's Strength

The dirham, Morocco's official currency, has experienced a noticeable decline against the euro, drawing the attention of financial analysts and market watchers. According to a recent report from Morocco's central bank, the dirham's exchange rate fell by 0.46 percent against the euro from......

Morocco Primes for Next Phase of Exchange Rate Flexibility

In a move poised to further liberalize Morocco's economy, Finance and Economy Minister Nadia Fettah Alaoui has signaled the nation's readiness to advance to the next stage of its flexible exchange rate regime. In an interview with SkyNewsArabia on Monday, Alaoui spoke optimistically about the......

Air Arabia Maroc Launches New Cultural Bridge: Tetouan-Bilbao Flight Route

Air Arabia Maroc is set to unveil a new flight route that aims to strengthen cultural and economic ties between Morocco and Spain. Starting on May 18, the airline will begin weekly flights connecting the historic city of Tetouan in northern Morocco with the vibrant Spanish city of Bilbao. These flights......

Saudi Arabian Cinema Takes Center Stage: 'Saudi Film Nights' Embarks on Global Tour

The vibrant world of Saudi Arabian cinema has taken a leap onto the global stage with the "Saudi Film Nights" festival embarking on an international tour. Kicking off in Casablanca, Morocco, this cinematic event promises to captivate audiences with a selection of Saudi feature films and short......

Doha Exhibition Highlights Morocco's Amazigh Jewelry Heritage

The Museum of Islamic Art in Doha, Qatar, currently hosts an exhibition spotlighting the rich Amazigh (Berber) heritage of Morocco. Part of the Qatar-Morocco Cultural Year 2024, this exhibition presents the Royal Palace Berber Jewelry collection, marking the first time these cherished artifacts have......

Morocco and Spain Strengthen Cooperation in Sports Media Ahead of the 2030 World Cup

In an effort to enhance cultural and media ties between Morocco and Spain, Moroccan Minister of Youth, Culture, and Communication, Mohamed Mehdi Bensaid, welcomed Spanish Ambassador to Morocco, Enrique Ojeda, to the capital Rabat on Friday. This high-level meeting aimed to explore new avenues of collaboration......

Berklee and Gnaoua Festival Forge Unprecedented Collaboration for Music Education

In a remarkable fusion of musical giants, Berklee College of Music and the esteemed Essaouira Gnaoua and World Music Festival are poised to make history with a groundbreaking collaboration. Set to debut on June 24th, just ahead of the 25th edition of the iconic Gnaoua festival, their joint venture, the......

Fortifying Strategic Bonds: Aziz Akhannouch Hosts Influential US Congressional Delegation

In a momentous diplomatic exchange, Moroccan Prime Minister Aziz Akhannouch welcomed an influential delegation consisting of six US senators representing both Republican and Democratic parties on Monday, March 25th. The presence of the US Ambassador to Morocco alongside the congressional members underscored......

Morocco's Path to Embracing a Flexible Dirham Exchange Rate Amid Economic Stability

Morocco is on the brink of a significant transition, with its central bank, Bank Al-Maghrib (BAM), preparing to adopt a fully floating dirham exchange rate. This pivotal move is fueled by the nation's strengthening macroeconomic stability, supported by a reduced current account deficit, robust foreign......

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