Keywords: MAROC
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......
In a significant development, Royal Air Maroc (RAM) and the Moroccan Defense Administration have joined forces to enhance travel experiences for members of the Armed Forces (FAR). This strategic partnership aims to revolutionize air travel services, offering a seamless and exclusive journey for those......
In a recent incident that has raised concerns within the aviation industry, a Royal Air Maroc flight experienced a severe bird strike, resulting in significant damage to the aircraft. The event, which occurred on September 16, 2024, serves as a stark reminder of the potential hazards posed by wildlife......
In a significant development within Morocco's telecommunications sector, Maroc Telecom has agreed to pay a staggering $640 million in damages to rival operator Inwi. This settlement stems from allegations of unfair competition practices that have long been a point of contention between the two companies. The......
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