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Keywords: MAROC


Credit Agricole Morocco Secures $100M Year-End Bond Issue Amid Strategic Transitions

Credit Agricole of Morocco (CAM) has concluded 2024 with a robust MAD 1 billion ($100 million) subordinated bond issuance, signaling strong market confidence in the institution's financial standing. The December 31 operation was strategically structured into two equal tranches of MAD 500 million......

Morocco's Record-Breaking Tax Amnesty Draws $10 Billion in Undeclared Assets

Morocco's latest tax amnesty program has concluded with exceptional results, attracting declarations of MAD 100 billion ($10 billion) in previously undeclared assets. This historic achievement marks a twentyfold increase compared to the 2020 amnesty results, significantly surpassing the government's......

Morocco Embraces Cryptocurrency Regulation: A New Chapter in Financial Evolution

Morocco has taken a bold step toward regulating cryptocurrencies, signaling a significant shift in its approach to these digital assets. For years, the country maintained a firm stance against cryptocurrency transactions, prohibiting them since 2017. Financial authorities cited concerns over consumer......

Honorando la Excelencia: El Jurado de la 18ª Edición del Trophée Maroc Equestre

The 18th edition of the prestigious Trophée Maroc Equestre is gearing up for another exciting celebration of Morocco’s equestrian prowess. This year, the ceremony promises to be a remarkable event, as it shines a spotlight on the nation’s top equestrians from various disciplines. The......

Morocco's Currency Market: Dirham Shows Mixed Performance as Foreign Reserves Grow

The Moroccan Dirham demonstrated varied performance in foreign exchange markets during the week of December 19-24, recording a 0.7% depreciation against the US dollar while strengthening by 0.29% against the euro, according to the latest Bank Al-Maghrib (BAM) report. The nation's financial position......

Morocco Launches Digital Education Initiative with Huawei to Transform School System

Morocco has embarked on an ambitious educational transformation through its new "DigiSchool" initiative, partnering with Huawei Maroc to enhance digital access across the nation's school system. The program, aligned with Morocco's 2022-2026 digital transformation roadmap, aims to democratize......

Morocco's Ambitious $4 Billion Airport Expansion Aims to Transform Travel Experience

Morocco is launching a comprehensive modernization of its airport infrastructure, with the Mohammed V International Airport in Casablanca at the forefront of this transformation. Transport and Logistics Minister Abdessamad Kayouh announced a significant reduction in passenger waiting times from 45 to......

Morocco's digital security transformation: DGSN reports major advances in crime prevention and public services

Morocco's General Directorate of National Security (DGSN) has unveiled its comprehensive 2024 annual report, highlighting substantial progress in digital services, crime prevention, and security infrastructure modernization. The report showcases remarkable achievements in public safety and technological......

Celebrating Cultural Heritage Barid Al-Maghrib Honors Malhoun with a Commemorative Stamp

Barid Al-Maghrib has released a special postage stamp to mark the first anniversary of Malhoun's recognition as a UNESCO Intangible Cultural Heritage of Humanity. This initiative, carried out in collaboration with Morocco's Ministry of Youth, Culture, and Communication and UNESCO, highlights......

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