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Keywords: Finance
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......
Allianz Trade has announced the appointment of Philippe Dessèvre as its new Global Head of Reinsurance and CEO of Euler Hermes Reinsurance AG, effective October 1. This strategic leadership change follows the retirement of Benoît des Cressonnières, who has been with the company for......
Al Barid Bank has announced remarkable financial results for the year 2024, with its Group Net Profit reaching MAD 871.38 million ($87.14 million), reflecting a staggering 196% increase compared to 2023. This impressive performance was unveiled during a Supervisory Board meeting on March 28. The bank's......
The third edition of GITEX Africa 2025 is set to take place from April 14 to 16 in Marrakech, under the high patronage of King Mohammed VI. This year's event promises to be a significant gathering, featuring 1,500 exhibitors and 800 startups, including 200 Moroccan companies supported by the Ministry......
The Executive Board of the International Monetary Fund (IMF) has granted a new two-year agreement for Morocco under the Flexible Credit Line (FCL), amounting to approximately $4.5 billion, or 386% of the country's quota. According to a statement released on the IMF's official website, this agreement......
The Kingdom of Morocco announced on March 26, 2025, the issuance of a €2 billion bond on the international financial market in two tranches, as reported by the Ministry of Economy and Finance. The first tranche, with a maturity of four years, amounted to €900 million and was issued at a spread......
