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Keywords: MAROC


Fahd Mokdad named director general of Allianz Maroc amid strategic leadership shift

Allianz Maroc has announced the appointment of Fahd Mokdad as its new Director General, effective May 29. This leadership change marks a significant moment for the company, which has operated in Morocco for over 70 years and, since 2016, under the global Allianz brand. Mokdad succeeds Abderrahim Dbich,......

Morocco's floating dirham: safeguarding remittances and economic stability

Morocco is poised to transition to a floating exchange rate regime in 2026, a move that underscores the critical role of its diaspora in maintaining economic stability. With over five million Moroccans living abroad, remittances have become a cornerstone of the national economy, reaching MAD 117.7 billion......

Morocco and Embraer strengthen their strategic alliance in aviation

The recent meeting between Morocco’s Minister of Transport and Logistics and the CEO of Embraer, a leading Brazilian aerospace company, marks a significant step in deepening the strategic collaboration between Morocco and a key player in the global aviation sector. This dialogue aligns with Morocco’s......

Automotive industry in Morocco: the betrayal of consumers

In the face of a crippling economic crisis and the erosion of purchasing power, a disturbing trend has emerged among automotive companies in Morocco. Prominent players such as Auto Hall Maroc, Renault Maroc, Dacia, and Peugeot have adopted pricing strategies that can only be described as cynically exploitative. These......

Maroc Telecom votes on significant governance overhaul

Maroc Telecom shareholders will convene on June 18 to decide on a fundamental governance restructuring. The telecommunications company intends to transition from its dual-board framework to a unitary board system. This change is projected to consolidate the decision-making apparatus within the organization. The......

IFAD partners with Bank Al-Maghrib to enhance food security with $150 million bond

The International Fund for Agricultural Development (IFAD) has announced a renewed partnership with Bank Al-Maghrib, Morocco’s central bank, aimed at bolstering food security and supporting rural communities globally. This collaboration is underscored by the issuance of a $150 million sustainable......

Barid Al-Maghrib enhances digital transformation for architects in Morocco

Morocco’s postal service and architects have joined forces to transform architectural practices through digital innovation. Barid Al-Maghrib (Poste du Maroc) and the National Council of the Order of Architects (CNOA) recently signed a pivotal partnership agreement aimed at advancing digitalization......

Airbus partners with Royal Air Maroc to expand fleet by 2037

In a landmark development for Moroccan aviation, Airbus is set to become a supplier for Royal Air Maroc (RAM), marking a significant departure from the airline's traditional reliance on Boeing and ATR. This partnership promises to reshape the national carrier's fleet and position it as a major......

Tanger Med Port achieves $1.2 billion revenue in 2024, solidifying its role as a key Mediterranean hub

The Tanger Med Port concluded the 2024 fiscal year with an impressive revenue of MAD 11.23 billion ($1.212 billion), reflecting a robust increase of 12.3% compared to the previous year. This prominent Moroccan port has established itself as a pivotal regional hub, facilitating significant national imports......

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