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Keywords: Morocco


Managem Expands Footprint with Acquisition of Sound Energy Morocco

Managem Secures Major Stake in Morocco’s Natural Gas Fields In a strategic move poised to reshape the energy landscape in Morocco, Managem, a prominent player in the mining sector, has announced the acquisition of Sound Energy Morocco, a subsidiary of the British entity Sound Energy. This acquisition......

ONCF Unveils Ambitious Summer 2024 Rail Strategy: Connectivity and Comfort Take Center Stage

Morocco's National Railway Office (ONCF) is gearing up for a transformative summer season, rolling out an extensive plan to accommodate the anticipated surge in travelers. From June 24 to September 23, 2024, the Moroccan rail network will pulsate with over 230 daily trains, marking a significant......

Spain's Frontier Fortification: Moroccan Border Bolstered Amid Domestic Resource Debate

In a significant move that has sparked domestic controversy, Spain has furnished Morocco with an impressive array of 188 advanced border surveillance systems, according to a recent exposé by Spanish news outlet Vozpópuli. This substantial technological transfer, aimed at reinforcing security......

Morocco's Public Sector Set for Transformation with World Bank's $600 Million Boost

In a significant move to enhance public services and modernize governance, Morocco has secured a $600 million loan from the World Bank. This substantial financial injection, divided into two distinct programs, aims to revolutionize the country's public sector and state-owned enterprises (SOEs). The......

Moroccan Officials Convene to Ensure Successful Nationwide Census Operation

In accordance with Royal Instructions, the Head of Government, Aziz Akhannouch, chaired a pivotal meeting on Monday focused on the upcoming 7th General Census of Population and Housing (RGPH), scheduled for late summer. Joining him were Abdelouafi Laftit, Minister of Interior, and Ahmed Lahlimi Alami,......

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......

World Bank Unlocks $600 Million to Bolster Moroccan Public Sector Performance

The World Bank has approved a substantial $600 million financing package aimed at strengthening public sector performance, enhancing inclusivity, and improving the quality of public services in Morocco. This strategic decision underscores the bank's commitment to supporting the North African nation's......

Morocco's King Extends Lifeline to Gaza: Al-Aqsa Mosque Director Lauds Crucial Aid Initiative

In a world grappling with humanitarian crises, Morocco has once again stepped forward to offer a beacon of hope to the beleaguered population of Gaza. King Mohammed VI's recent directive to dispatch 40 tons of vital medical supplies to the region has drawn widespread acclaim, with Omar al-Kiswani,......

Ordeal in Myanmar: Three Moroccan Nationals Freed from Captivity

In a harrowing tale of international crime and diplomacy, three Moroccan citizens have been released from captivity in Myanmar, following a reported ransom payment of 100,000 Moroccan dirhams (approximately $10,000) per person. This development, reported by SNRTNews, marks a significant breakthrough......

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