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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......

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......

Daily Press Review - June 25, 2024

World Bank Grants $600 Million to Boost Public Sector Performance in Morocco The World Bank has approved a $600 million financing package aimed at enhancing the performance, inclusivity, and quality of public services in Morocco. According to a statement released in Washington on Monday, the funding......

Moroccan American Network Prepares Grand Celebration for 8th Annual Morocco Day in Washington D.C.

The Moroccan American Network is set to host a spectacular commemoration of the 8th annual Morocco Day in Washington D.C. on June 30, promising an event that will showcase the rich cultural tapestry and enduring diplomatic ties between Morocco and the United States. Founded in 2013 by Moroccan entrepreneur......

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......

Dar Es Salam Hosts the Regal 2024 Moroccan Equestrian Week

Get ready for an equestrian spectacle as the Royal Moroccan Equestrian Sports Federation (FRMSE) prepares to host the 39th edition of the illustrious Moroccan Equestrian Week. This annual celebration, which coincides with the National Show Jumping and Dressage Championships, is set to take place from......

Morocco Enhances Refugee Healthcare with Strategic Partnership

In a significant move to bolster healthcare services for refugees, the Noufissa Pharma 5 Foundation, UNHCR, and the Moroccan Family Planning Association (AMPF) have inked a three-way agreement, coinciding with the observance of World Refugee Day. The partnership, lauded by all parties involved, is seen......