Keywords: MAROC
In a significant move towards sustainability, Morocco is charting a green course with its central bank spearheading the effort. Abdellatif Jouahri, the governor of Bank Al-Maghrib, Morocco's central bank, announced on Friday the ambitious goal of increasing the allocation of foreign currency reserves......
The International Finance Corporation (IFC) is making a significant investment in Morocco's economic future, injecting $100 million into Crédit du Maroc to drive small business expansion and facilitate the country's shift towards renewable energy. This financial infusion, equivalent to......
In the latest monthly business trend survey by Bank Al-Maghrib (BAM), Morocco's manufacturing sector showcased significant improvements in December 2023. The survey reveals a notable surge in production across most industries, with only the "mechanical and metallurgy" sector experiencing......
Morocco's leading telecommunications company, Maroc Telecom, is set to appeal a significant $636 million antitrust ruling issued on Monday. The ruling mandates compensation to its competitor, Inwi, owned by Wana Corporate, according to multiple sources. The Rabat Commercial Court has directed Maroc......
Frustrated travelers at Morocco's busiest airport have recently encountered exasperating delays in receiving their checked bags, prompting authorities to collaborate on resolving the luggage delivery issues. In response to a surge in complaints regarding misrouted and lost baggage, the Mohammed......
In an ambitious move to diminish the carbon footprint associated with cement production, two major Moroccan industrial players, LafargeHolcim Maroc (LHM) and Mohammed VI Polytechnic University (UM6P), have forged a groundbreaking partnership. The primary objective of this collaboration is to explore......
Abdellatif Jouahri, the Governor of Bank Al-Maghrib, has been honored as the "Best Central Banker in Africa for 2024" by "The Banker," a London-based financial and international affairs magazine affiliated with "The Financial Times" group. The prestigious "The Banker's......
In the face of adverse weather conditions and formidable competition from Egypt, Turkey, and the local market, Morocco's citrus sector is defying the odds, poised for an impressive surge. Projections for the 2023-2024 season reveal a remarkable 15% boost in production and a commendable 10% rise in......
In a glimpse into the Moroccan market's future, a recent survey conducted by Bank Al-Maghrib, the country's central bank, reveals that more than one-third of business owners (34%) are optimistic about improved market conditions in the next three months. This survey, conducted in November, provides......
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