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Keywords: Finance
Aziz Akhannouch, the Head of the Moroccan Government, is leading the country’s delegation at the 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC), taking place in Azerbaijan. On Tuesday, Akhannouch was warmly welcomed at Baku’s Olympic......
The 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) opened on Monday in Baku, bringing together delegations from around the world, civil society representatives, and leaders from key sectors. This global summit, running until November 22, is a crucial......
Elon Musk has been summoned to court to address a lawsuit concerning $1 million payments made by his political campaign group, America PAC, aimed at voters in pivotal battleground states during the upcoming U.S. elections. The Philadelphia District Attorney, Larry Krasner, initiated legal action to halt......
Morocco is set to dramatically expand its motorway infrastructure through a comprehensive MAD 7.74 billion ($735 million) investment plan spanning 2025-2027. The initiative aims to add 1,000 kilometers of new highways to the nation's transportation network, strengthening its position as home to Africa's......
In a significant move to strengthen Morocco's logistics sector, the International Finance Corporation (IFC) has announced a $37 million investment in Building Logistics Services (BLS), a key logistics operator in the North African nation. The agreement, signed during the International Monetary Fund......
Credit du Maroc is set to launch a significant public share offering, making available 1.2 million shares to both the public and employees as part of Holmarcom Finance Company's strategic initiative to enhance the bank's market presence in Morocco's financial sector. The offering, scheduled......
Morocco has achieved a remarkable improvement in its global inequality standings, advancing 30 positions to secure the 73rd spot among 164 nations in the 2024 Commitment to Reducing Inequality Index, according to a joint report by Oxfam and Development Finance International (DFI). The North African......
The U.S. International Development Finance Corporation (DFC) is set to establish a new office in Rabat, Morocco, in December 2024, marking a significant step in enhancing economic collaboration between the United States and Morocco. This initiative aligns with a broader strategy announced during a tripartite......
The autonomous city of Ceuta faces severe financial instability due to mounting costs associated with caring for unaccompanied migrant minors, according to government spokesperson Alejandro Ramírez. The Mediterranean enclave's administration describes its current financial situation as "practically......
