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ONMT Vows to Elevate Morocco's Status as Top Tourist Destination

Morocco’s Tourism Office (ONMT) Sets Ambitious Goals for 2024-2025 Season In a recent board of directors meeting, Morocco’s Tourism Office (ONMT) reiterated its unwavering commitment to enhancing the nation's global tourism appeal. With a strategic focus on aviation and distribution,......

Bank Al-Maghrib Lowers Interest Rates to 2.75% Amid Inflation Decline

In a significant monetary policy shift, Morocco’s central bank, Bank Al-Maghrib, has announced a 25 basis point reduction in its benchmark interest rate, bringing it down to 2.75%. This move, marking the first rate change in over a year, comes on the heels of a notable decline in inflation pressures......

Palestine Commends Morocco’s Humanitarian Aid for Gaza

On Monday, King Mohammed VI instructed the government an additional humanitarian aid of 40 tons, consisting of medical aid and other commodities to mitigate the situation in Gaza. A Palestinian delegation has commended Morocco’s generous humanitarian aid in solidarity with Gaza. Morocco’s......

Bridging Cultures: Morocco and Palestine Forge Academic Ties with Innovative Research Hub

In a landmark move that underscores the deepening bonds between Morocco and Palestine, the "Bayt Al-Maqdis" Research and Studies Center was officially unveiled on Monday at the Bayt Mal Al Qods Acharif Agency headquarters in Rabat. This groundbreaking institution aims to elevate and advance......

Rabat Symposium Spotlights Urgent Need to Safeguard Cultural Heritage Amidst Global Turmoil

In an era marked by escalating international conflicts, the protection of cultural heritage has emerged as a pressing global concern. Addressing this critical issue, Morocco's National Commission on International Humanitarian Law convened a high-profile symposium in Rabat, commemorating the 70th......

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......