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Morocco Unveils Stringent Measures to Curb State Vehicle Misuse

In a bold move to enhance fiscal responsibility and public accountability, the Moroccan government is poised to implement sweeping reforms in the management of state-owned vehicles. This initiative, spearheaded by a forthcoming Prime Ministerial decree, aims to address longstanding concerns over the......

Paris Peace Forum Navigates Path for Equitable Global Transitions

The Paris Peace Forum (PPF) concluded its groundbreaking Spring Meeting in Benguerir, Morocco, at the University Mohammed VI Polytechnic (UM6P), marking a historic first as the global governance platform convened outside Europe. This strategic shift in location underscored a central theme of the event:......

Morocco and World Bank Forge "Rapid Response" Partnership

In a significant step toward bolstering the Kingdom's capacity to swiftly respond to emergencies and provide crucial support to its citizens, Morocco and the World Bank inked the "Rapid Response Option" (RRO) agreement on Monday. This milestone signifies a deepening of the long-standing......

Morocco Implements Incremental Price Increase for Butane Cylinders

The Ministry of Economy in Morocco has announced an impending price increase for gas cylinders, aiming to partially reduce the subsidy on butane cylinders for 2024. Effective from May 20, 2024, the cost of a 12 kg gas cylinder will rise by MAD 10, escalating from MAD 40 to MAD 50. Similarly, the price......

Moroccan Minister of Economy and Finance Nadia Fettah Meets OECD Secretary-General in Paris

During a pivotal visit to Paris, Nadia Fettah, the Moroccan Minister of Economy and Finance, engaged in discussions with Mathias Cormann, the Secretary-General of the Organization for Economic Co-operation and Development (OECD). This meeting, held on the sidelines of the OECD's Ministerial Council......

The Moroccan Minister of Economy and Finance Leads Kingdom's Delegation at IDA Summit in Nairobi

In a testament to Morocco's dedication to advancing international development, Minister of Economy and Finance, Nadia Fettah Alaoui, is representing His Majesty King Mohammed VI at the 21st Summit of the International Development Association (IDA 21) in Nairobi, Kenya. The summit, jointly organized......

Enhancing Partnership: France and Morocco's Drive towards Green Hydrogen and Electric Vehicles

During a visit to Morocco, French Economy Minister Bruno Le Maire emphasized France's commitment to fostering "very close" cooperation with Morocco across various industrial sectors. Similarly, Morocco expressed its eagerness to cultivate new partnerships. Both nations are steadfast in......

Bpifrance and INNOVX Forge Strategic Partnership for Innovation and Sustainability

In a landmark event on April 26, 2024, Bpifrance, the French public investment bank, and INNOVX, a Moroccan multisectoral firm focused on innovative and sustainable enterprises and ecosystems, formalized a strategic partnership agreement. The ceremony was attended by Nadia Fettah Al Alaoui, Minister......

Morocco Primes for Next Phase of Exchange Rate Flexibility

In a move poised to further liberalize Morocco's economy, Finance and Economy Minister Nadia Fettah Alaoui has signaled the nation's readiness to advance to the next stage of its flexible exchange rate regime. In an interview with SkyNewsArabia on Monday, Alaoui spoke optimistically about the......