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Keywords: MAROC
In a strategic move to enhance tourism, Morocco is targeting the Brazilian market with plans to double the number of Brazilian tourists within three years. The Moroccan National Tourism Office (ONMT) is spearheading these efforts, capitalizing on the resumption of the direct Casablanca-Sao Paulo flight......
Morocco's Banking Sector Faces Heightened Liquidity Needs In a recent report by Morocco's central bank, Bank Al-Maghrib (BAM), July saw a notable rise in liquidity demand within the country's banking sector. The average weekly requirement soared to MAD 125.3 billion, surpassing June's......
As the world increasingly leans towards digital solutions, the concept of Central Bank Digital Currencies (CBDCs) has gained momentum. Yet, while some nations have ventured into this realm, success stories remain elusive. With Morocco poised to introduce the e-Dirham, questions arise about its potential......
In a strategic move to cater to the burgeoning demand for winter sun escapes, Irish airline Aer Lingus has announced the launch of a new flight route connecting Dublin to Marrakech. This service, set to commence on October 26, will operate three times a week, offering travelers an enticing blend of culture,......
In the face of Morocco's ongoing drought, Agriculture Minister Mohammed Sadiki spearheaded pivotal discussions in Rabat, focusing on the nation's red meat and dairy industries. The meetings, held on Tuesday, aimed to bolster food sovereignty and address critical challenges facing these sectors. Minister......
In a recent critical assessment, the Financial Stability Report highlights pressing issues within Morocco's pension sector, necessitating urgent reforms to ensure its future viability. The report, a collaborative effort by Morocco’s central bank Bank Al-Maghrib (BAM), the Moroccan Capital Market......
In a significant development for international travel and economic ties, Royal Air Maroc (RAM) has announced the resumption of its direct flight connecting Casablanca and Beijing. This route, the first of its kind to link Morocco and China directly, is set to recommence on January 20 next year. Initially......
In a significant move to commemorate the 25th anniversary of King Mohammed VI's reign, Bank Al-Maghrib has introduced a new 50 dirham banknote that underscores Morocco's dedication to sustainable development. This fresh currency, infused with striking illustrations, reflects the nation's......
Despite facing a tapestry of challenges, Morocco's economy demonstrated resilience in 2023, achieving a 3.4% growth rate. This was detailed in the Bank Al-Maghrib's annual report, presented to King Mohammed VI on Monday. The report from Morocco’s central bank provided a comprehensive overview......
