Keywords: Finance
British banking giant Standard Chartered has officially inaugurated its new branch in Casablanca's Casa Anfa business district, marking a significant milestone in its African strategy. The legal registration with the Casablanca Commercial Court, dated April 25, 2025, underscores the bank's commitment......
Holmarcom Group and the International Finance Corporation (IFC) have successfully established a strategic partnership, marking IFC's acquisition of an 18.62% minority stake in Holmarcom Finance Company (HFC) for MAD 1.35 billion ($135 million). This collaboration comes on the heels of Holmarcom’s......
If you possess substantial assets and are either a resident or non-resident in Spain, you may find yourself liable for the nation’s wealth tax, known as "el impuesto de patrimonio." This annual levy is assessed based on the total net value of your assets as of December 31st of the previous......
The Moroccan dirham has appreciated by 2.3% against the US dollar while experiencing a slight decline of 0.6% against the euro, as reported by Bank Al-Maghrib (BAM). This currency fluctuation indicates a brief period of strength for Morocco's national currency amidst ongoing financial adjustments. In......
Morocco and Mauritania have reached a significant milestone in their economic collaboration with the signing of a protocol agreement to establish the Nouakchott Stock Exchange. This development marks a new chapter in the relationship between Rabat and its southern neighbor. Formalized on Thursday between......
Casablanca Finance City (CFC) has been highlighted as a significant asset in bolstering the economic partnership between Morocco and Ireland, according to a recent feature in the Irish publication BusinessPlus Magazine. Ger Corbett, Chief Executive Officer of the Sandyford Business District (SBD), one......
Benguerir has emerged as a pivotal location for Africa’s agricultural visionaries this week, hosting the third edition of the African Forum on Investment in Agricultural Value Chains. This event highlights innovation and investment as essential tools for sustainable transformation within the continent's......
Marrakech — In a significant move to bolster the Moroccan startup ecosystem, funding institution TAMWILCOM has partnered with Flat6Labs, a prominent startup accelerator in the MENA region, during GITEX Africa 2025. This collaboration aims to launch a new acceleration program tailored for innovative......
The liquidity deficit in Morocco’s banking system has surged by 21.9%, reaching MAD 168.3 billion during the week of April 3 to 9. This significant rise highlights tightening conditions within the money market. According to BMCE Capital Global Research (BKGR), the deficit’s increase follows......
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