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Keywords: MAROC
Royal Air Maroc has announced the cancellation of several flights to and from Brussels due to ongoing strikes in Belgium. The airline confirmed that flights AT678/AT679 and AT832/AT833 have been affected by the industrial action. The strikes, which have caused significant disruptions at Brussels Airport,......
Anas Guennoun, a seasoned investment banker and co-founder of West Capital Partners, has been named the new Chairman of the Morocco-United Arab Emirates Business Council under the Confédération générale des entreprises du Maroc (CGEM). This appointment marks a significant......
Morocco's economy faced a challenging landscape in the second quarter of 2024, with growth slowing to 2.4%, down from 2.5% in the same period last year. This slight deceleration masks significant shifts across various sectors, painting a complex picture of the nation's economic health. Primary......
In a significant development, Morocco's central bank, Bank Al-Maghrib, has taken a decisive step to regulate the fees charged for electronic transactions, setting a cap at 0.65% of the transaction value. This move, announced recently, aims to foster a more inclusive and accessible financial ecosystem,......
In a significant development for Morocco's financial sector, the Saham Group has received the green light to acquire Société Générale Maroc, a prominent banking institution. This strategic move, approved by the country's regulatory authorities, marks a pivotal moment......
In a strategic move to support the nation's economic recovery, Morocco's central bank, Bank Al-Maghrib (BAM), has decided to hold its key interest rate steady at 2.75%. This decision, announced on September 25, 2024, reflects a delicate balance between managing inflation and fostering economic......
Morocco's economic trajectory is set to navigate a delicate path in the coming year, with the Bank Al-Maghrib (BAM) projecting a modest growth rate of 2.8% for 2024. This forecast, while indicating a slowdown from previous years, reflects a strategic approach to managing economic challenges and positioning......
In a significant development for the tourism industry, Morocco has emerged as the 'Best Destination for 2024' according to the Arabian Tourism Association. This prestigious recognition was bestowed upon the North African nation at the International French Travel Market (IFTM) - Top Résa......
The Spanish company Conterol, a renowned provider of industrial control equipment, has made a significant move by establishing its Moroccan subsidiary, aptly named "Conterol Maroc." This strategic expansion aims to solidify the company's presence in the North African market, particularly......
