X

Keywords:


CIH Bank reports impressive growth in 2024 financial results

In a recent meeting chaired by Mr. Lotfi Sekkat, the Board of Directors of CIH Bank convened on two occasions—February 26 and March 11, 2025—to review the bank's performance and consolidated financial results for the year ending December 31, 2024. These results were unveiled on March......

Morocco chosen to host African finance ministers’ conference in 2026

Morocco is set to host the 58th session of the United Nations Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development in March 2026. This announcement was made on Friday during the experts' session of the 57th ECA session and the......

Morocco takes the helm of UN Economic Commission for Africa 57th session

Morocco has been unanimously elected to preside over the 57th session of the UN Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development. This significant election occurred at the ECA headquarters in Addis Ababa and underscores the growing......

Morocco's budget deficit swells to MAD 21.1 billion amid rising expenses and revenues

In a stark financial revelation, Morocco's Treasury has reported a staggering budget deficit of MAD 21.1 billion ($2.1 billion) for February 2025. This figure marks a considerable increase from the MAD 3.8 billion ($0.38 billion) deficit recorded during the same period last year, highlighting a deteriorating......

Morocco's Customs Revenue Experiences Modest Growth in Early 2025

Morocco’s treasury reports that customs revenues have demonstrated resilience in the early months of 2025, with net receipts reaching MAD 14.735 billion ($1.47 billion) by the end of February. This figure marks a 1.3% increase compared to the same period last year, showcasing the stability of Morocco’s......

Morocco unanimously elected to lead 57th session of the UN Economic Commission for Africa

Morocco has been unanimously elected to preside over the 57th session of the United Nations Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development. This decision, made on Wednesday in Addis Ababa, reflects the trust member states have......

How much do you need to retire comfortably in Spain?

Spain continues to attract many expatriates looking to retire, with its favorable climate, picturesque coastline, and vibrant culture. However, rising living costs, including soaring housing prices, inflation, and increased taxes, have led to concerns about the true affordability of retiring in this......

Strategic auto financing partnership reshapes Morocco’s secondhand car market

Dar Al Amane, the participatory finance arm of Société Générale Maroc, has partnered with Autocaz, a subsidiary of Auto Hall and a key player in Morocco's secondhand car market, to launch an innovative auto financing solution aligned with Islamic finance principles. This......

Macky Sall faces legal action in Senegal over public finance mismanagement

Former Senegalese President Macky Sall, who led the country from 2012 to 2024, is set to face legal proceedings for "extremely serious" actions during his administration, according to the current government. Sall is accused of being responsible for the "false figures" revealed in......