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Keywords: Exchange


Casablanca Stock Exchange's MASI Surges Over 20% in Q1 2025

The Casablanca Stock Exchange's main index, the MASI (Moroccan All Shares Index), experienced a remarkable surge of 20.19% in the first quarter of 2025, concluding at 17,756.02 points. This impressive performance is a continuation of a strong start to the year, marked by a 2.13% rise on the very......

Morocco targets one million German tourists by 2025

Morocco is setting its sights on attracting one million German tourists by 2025, a goal underscored by the country's Ambassador to Germany, Zohour Alaoui, during a gala dinner in Berlin. This event, organized by the Agadir Souss-Massa Regional Tourism Council (CRT), coincided with the conclusion......

Moroccan studies chair launched at Al-Quds University to strengthen cultural ties

The Bayt Mal Al-Quds Agency inaugurated the Moroccan Studies Chair at Al-Quds University in the Holy City on Sunday. This academic initiative aims to foster scholarly exchange while promoting Moroccan culture and heritage in Palestine. The launch event was attended by Mohamed Salem Cherkaoui, Director......

Morocco's planning commission and World Bank forge data partnership to enhance policy development

The High Commissioner for Planning (HCP) of Morocco, Chakib Benmoussa, and the World Bank Country Director for Maghreb and Malta, Ahmadou Moustapha Ndiaye, signed a cooperation agreement in Rabat on Tuesday. This partnership aims to strengthen capabilities and facilitate the exchange of experience and......

Morocco deepens financial markets with interbank forward market launch

Bank Al-Maghrib (BAM), Morocco’s central bank, has officially launched an interbank forward market for foreign exchange swaps and overnight index swaps (OIS) tied to the Moroccan Overnight Index Average (MONIA). This initiative, which began operations on February 19, marks a significant step in......

Archeological breakthrough unveils North Africa’s protohistoric past

Archaeologists led by Professor Youssef Bokbot of the National Institute of Archaeological Sciences and Heritage (INSAP) have uncovered the Maghreb's first known protohistoric village at the Kach Kouch site in the province of Tetouan, Morocco. This groundbreaking discovery, published on February......

Gaza ceasefire under strain as US diplomat pushes controversial plan

US Secretary of State Marco Rubio held talks with Israeli Prime Minister Benjamin Netanyahu in Jerusalem on Sunday, seeking to bolster a fragile Gaza ceasefire amid ongoing tensions and controversy over the US-backed plan for the region. Rubio’s visit, his first to the Middle East as Washington’s......

Morocco's currency market update: Daily dirham exchange rates

Bank Al-Maghrib has released the latest foreign exchange rates against the Moroccan dirham for Thursday, February 13, 2025. The rates include both buying and selling prices for major global currencies. The euro is trading between 9.8029 and 11.3925 dirhams, while the US dollar ranges from 9.3996 to......

Jong Wei Strengthens Investments in Morocco amid Slowed Asian Expansion

The Chinese group "Jong Wei," a specialist in battery materials production, has announced a slowdown in its expansion across Asia, suspending a project in South Korea and postponing two others in Indonesia. However, the company reaffirmed its commitment to strengthening investments in Morocco,......

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