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Morocco's Islamic Finance Sector Expands, Driven by Real Estate Boom

In a significant development for Morocco's financial landscape, Islamic financing, known locally as participative financing, has experienced substantial growth in 2023. According to the latest report from Bank Al-Maghrib (BAM), the central bank of Morocco, the sector reached a total of MAD 21.4 billion......

The Great Palm Debate: Morocco's Urban Greening Dilemma

In the sweltering heat of Morocco's summers, an unexpected controversy has taken root in the nation's cities. The proliferation of palm trees, once seen as a symbol of urban beautification, has sparked a heated debate among environmentalists, urban planners, and citizens alike. At the heart......

Maroc Telecom Expands Customer Base Amid Market Challenges and Legal Hurdles

Maroc Telecom, Morocco's foremost telecommunications provider, has reported a significant 5.1% increase in its customer base for the first half of 2024, reaching a total of 78.4 million subscribers. This growth comes despite facing stiff competition and legal challenges in its domestic market. The......

Dreams Dashed: Visa Hurdles Bar Six Moroccan Students from International Mathematics Olympiad

A significant administrative error has cost six brilliant Moroccan students the chance to compete in the prestigious 2024 International Mathematical Olympiad (IMO) in England, sparking widespread outrage and highlighting global disparities in access to opportunities.   Years of Preparation, A......

Morocco's Aerospace Ambitions Take Flight at Farnborough

In a bold move to solidify its position on the global aerospace stage, Morocco has made a striking appearance at the prestigious Farnborough International Airshow. The North African nation's presence at this pivotal industry event, running from July 22 to 26 just southwest of London, signals its......

Moroccan Students Blocked from International Mathematics Olympiad Due to Visa Delays

Visa delays have dashed the hopes of 16 Moroccan high school students who were set to showcase their mathematical prowess at the 2024 International Mathematics Olympiad (IMO) in England. Despite rigorous preparations spanning three years, these talented individuals are unable to represent Morocco on......

Morocco's Inflation Cools to 2.4% in June 2024, Nearing Central Bank's Target

In a significant economic development, Morocco's inflation rate has shown signs of stabilization, registering an annualized growth of 2.4% at the close of June 2024. This figure marks a substantial improvement from the tumultuous period that began in November 2022, when inflation started an upward......

Royal Air Maroc Overcomes Global IT Disruption

On July 19, 2024, Royal Air Maroc (RAM) announced the successful restoration of its digital services following a widespread technical disturbance. The Moroccan national carrier utilized its social media channels to inform customers and stakeholders about the resolution of issues that had impacted its......

Marsa Maroc Secures Management Concession for Cotonou Port Terminals

Marsa Maroc has emerged as the selected concessionaire for Terminals 1 and 5 at the Port of Cotonou in Benin, following a rigorous international selection process managed by Benin Handling S.A. This decision represents a pivotal advancement in regional port management, allowing Marsa Maroc to extend......