Keywords: Market
The Moroccan Dirham demonstrated varied performance in foreign exchange markets during the week of December 19-24, recording a 0.7% depreciation against the US dollar while strengthening by 0.29% against the euro, according to the latest Bank Al-Maghrib (BAM) report. The nation's financial position......
Morocco's regulated cannabis sector achieved significant growth in 2024, with production reaching 4,082.4 tons and an average yield of 20 quintals per hectare, according to the National Agency for the Regulation of Cannabis Activities (ANRCA). The agency reported a dramatic increase in licensing,......
Morocco is set to maintain its dominant position as a key supplier of fresh tomatoes to the European Union (EU) over the next decade, according to a new agricultural outlook report covering the period from 2024 to 2035. The report projects a steady increase in EU tomato imports at a rate of 0.6% annually,......
Spanish energy retailer Factorenergia has announced the establishment of a 50-50 joint venture with a local partner in Morocco, positioning itself to capitalize on the country’s energy market as it moves towards liberalization. This expansion is part of the company's ongoing international growth......
In a recent incident in Germany, a 67-year-old man was arrested by authorities in Bremerhaven, a port city located 460 km west of Berlin. The arrest followed a threatening video posted online in which the man expressed his intention to carry out a knife attack at the city's Christmas market on December......
In a recent report, the International Energy Agency (IEA) has highlighted South Africa and Morocco's dominant positions in African coal consumption, with both nations maintaining significant usage despite shifting energy landscapes. South Africa remains the continent's primary coal consumer,......
Noussair Mazraoui, the Moroccan footballer and defensive ace, has earned a remarkable distinction this season by leading all players across Europe’s top five leagues in successful interceptions. His exceptional performance underscores his vital role on the field and cements his status as one of......
A tragic incident unfolded at a Christmas market in Magdeburg, Germany, when a car drove into a crowd, resulting in the death of two people, including a child, and injuring 68 others. Of the injured, 15 are in serious condition. The attack took place in the evening, and authorities quickly responded......
Tata Motors, a prominent name in Morocco’s professional vehicle market since 2021, is positioning itself for significant growth under the leadership of Ismail Amarti. Global International Motors, the brand’s exclusive distributor in Morocco, announced Amarti’s appointment as Managing......
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