Keywords: MAROC
In a recent survey conducted by Attijari Global Research, a significant majority of influential investors in Morocco's financial market are foreseeing Bank Al-Maghrib (BAM), the nation's central bank, to uphold its benchmark interest rate at the current level of 3%. The survey, which engaged......
In an era fraught with global tribulations, Morocco has emerged as a paragon of resilience, surmounting economic challenges and distinguishing itself on the world stage. The North African nation's extraordinary economic performance, marked by sturdy growth and a sharp decline in inflation, has captivated......
In a strategic reorientation, Crédit du Maroc has announced its shift towards focusing on the burgeoning middle class, wage earners, and the small and medium-sized enterprise (SME) sector. This significant move deviates from the bank's traditional emphasis on large corporations, signaling......
In the digital era where convenience is paramount, the Moroccan banking sector experienced a notable transformation in 2023. According to a report by Bank Al-Maghrib, the nation's central bank, 145 bank branches ceased their physical operations, while only 42 new branches emerged, resulting in a......
In a bold move aimed at enhancing travel opportunities and strengthening ties between Morocco and Europe, Air Arabia Maroc has introduced an exciting new air route linking the northern Moroccan city of Tetouan to the dynamic Dutch capital, Amsterdam. This strategic expansion of the airline's ever-growing......
In a daring maneuver set to potentially reshape the banking landscape across Africa, Moulay Hafid Elalamy, former Minister of Commerce and Industry and current CEO of the Saham Group, is poised for an ambitious acquisition. Rumors abound that Elalamy is nearing the acquisition of a controlling stake,......
A recent report by Capital Economics, the London-based firm, suggests that Morocco is well-positioned to consider a move towards a fully floating dirham. The report highlights the kingdom's favorable balance of payments and declining inflation as key factors laying a solid foundation for Bank Al-Maghrib,......
Morocco is on the brink of a significant transition, with its central bank, Bank Al-Maghrib (BAM), preparing to adopt a fully floating dirham exchange rate. This pivotal move is fueled by the nation's strengthening macroeconomic stability, supported by a reduced current account deficit, robust foreign......
Rabat, March 7, 2024 – Vivo Energy Maroc, the company responsible for the distribution and marketing of Shell-branded fuels and lubricants in Morocco, as well as Butagaz-branded Liquefied Petroleum Gas, announces the signing of a strategic agreement with the Moroccan Foundation for the Promotion......
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