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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......

Morocco's Forestry Agency Unveils Crucial Wildfire Risk Map

In a proactive move to safeguard its natural resources, Morocco's National Agency for Water and Forests has released a comprehensive wildfire risk assessment, pinpointing areas most susceptible to forest fires across the nation. This strategic initiative, aimed at bolstering national preparedness......

Morocco Marks Quarter-Century Milestone: Festivities and Reflection on National Progress

As Morocco prepares to commemorate a significant milestone in its modern history, the nation stands poised for a moment of collective reflection and celebration. This Monday evening, His Majesty King Mohammed VI will address the Moroccan people, marking 25 years since his ascension to the throne. The......

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......

Morocco Unveils Ambitious Hassan II Stadium Design for 2030 World Cup Bid

In an exclusive reveal, Euronews has obtained footage showcasing the innovative design of Morocco's Hassan II Stadium, a cornerstone of the nation's 2030 World Cup campaign. The video, released for the first time, offers a glimpse into the ambitious project set to commence construction in October. The......

Morocco and El Salvador Fortify Partnership with Agricultural Focus

In a significant stride towards mutual prosperity, Morocco and El Salvador are deepening their bilateral ties with a focus on agricultural collaboration. The synergy between Morocco's agricultural expertise and El Salvador's fertile lands promises to yield substantial economic benefits for both......

Morocco's New Drive to Engage Diaspora in Housing Initiatives

Diaspora members spent MAD 1.6 billion (approximately $160.7 million) through the direct housing program in the first seven months of 2024. In a strategic move to harness the potential of its diaspora, Morocco has launched a comprehensive national campaign aimed at encouraging Moroccans residing abroad......

Transforming Morocco: 25 Years of Strategic Infrastructure Investment

Morocco's strategic focus on infrastructure over the past 25 years has been a cornerstone of its economic transformation and growth, according to a recent feature in the French geopolitical magazine, Revue Conflits. The article titled "Infrastructure and Economic Development: The Example of......

Sky Spectacle: Moroccan Air and Parachute Shows to Honor Royal Anniversary

In a grand celebration of King Mohammed VI’s 25th year on the throne, the Royal Armed Forces of Morocco are gearing up for exhilarating air shows and parachute demonstrations on July 30th and 31st, 2024. The General Command of the Royal Armed Forces revealed that the air shows will grace the skies......