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Moroccan Financial Sector Anticipates Steady Course for Central Bank's Interest Rates

In a remarkable display of consensus, Morocco's financial community is exhibiting an almost unanimous expectation that Bank Al-Maghrib (BAM), the country's central bank, will maintain its current benchmark interest rate. This sentiment emerges from a recent survey conducted by Attijari Global......

Soaring Connections: Royal Air Maroc Launches Direct Abuja-Casablanca Route

In a significant development for African air travel, Royal Air Maroc (RAM) has inaugurated a direct flight route between Abuja and Casablanca, marking a new chapter in Morocco-Nigeria relations. The maiden flight took off from Nnamdi Azikiwe International Airport in Abuja on Sunday, heralding an era......

Royal Air Maroc Expands Network for Busy Summer Travel Season

As summer approaches, Royal Air Maroc (RAM), Morocco's national airline, is gearing up for an anticipated surge in passenger demand by significantly enhancing its network and seat capacity. The airline's strategic expansion aims to provide travelers with more options and improved connectivity......

Navigating Morocco's Housing Sector: Pricing Paradox Amid Transaction Downturn

In a curious twist of fate, Morocco's real estate market encountered a puzzling dynamic in the first quarter of 2024. While property prices showed a modest upward trend, the volume of transactions sharply declined, casting a perplexing shadow over the sector's dynamics. Data released by Bank......

Tangier to Host Pivotal Industry Meeting Morocco Aimed at Sovereignty-Driven Industrial Development

In a bid to usher in a new era of sovereignty-focused industrial growth, Industrie du Maroc Magazine is set to host the sixth edition of Industry Meeting Morocco in Tangier on July 11-12. This year's event, themed “The New Industrial Era Driven by Sovereignty,” aligns with the strategic......

Real Estate Sector Grapples with Multifaceted Challenges in Recovery Phase

In the intricate landscape of the real estate sector, a modest 0.6% increase in prices since the beginning of the year marks a positive trajectory. Yet, the industry continues to grapple with multifaceted challenges. Eroding purchasing power, escalating construction material costs, and rising interest......

BAM Amplifies Monetary Interventions Amid Market Stability

The Moroccan economy continues to display resilience and investor confidence, maintaining market stability despite global economic fluctuations. Bank Al-Maghrib (BAM), the country's central bank, has significantly increased its interventions in the monetary market, injecting MAD 127 billion ($12.7......

Casablanca’s Mohammed V Airport Unveils State-of-the-Art Transit Zone

Casablanca, Morocco – In a bid to redefine the passenger experience and bolster security measures, the National Airports Office (ONDA) has inaugurated a cutting-edge transit zone at Casablanca’s Mohammed V International Airport. This significant development is set to cater to the increasing......

Holmarcom Solidifies Dominance in Moroccan Banking Sector

In a strategic move consolidating its position in the Moroccan financial landscape, Holmarcom, the renowned conglomerate, has finalized its acquisition of Credit Agricole's entire stake in Credit du Maroc, a major banking institution in the country. This transaction grants Holmarcom an impressive......