Keywords: Performance
The Moroccan Dirham demonstrated varied performance in foreign exchange markets during the week of December 19-24, recording a 0.7% depreciation against the US dollar while strengthening by 0.29% against the euro, according to the latest Bank Al-Maghrib (BAM) report. The nation's financial position......
The Confederation of African Football (CAF) has unveiled the final list of nominees for the prestigious CAF Awards 2024, scheduled to take place on Monday, December 16, at 7 p.m. in Marrakech. With a robust presence across various categories, Morocco has solidified its status as a powerhouse in African......
Morocco's economy demonstrated significant resilience and growth in 2023, with the nation’s Gross Domestic Product (GDP) reaching MAD 1.463 trillion (approximately $146 billion USD), marking a 10% increase compared to the previous year, according to the High Commission for Planning (HCP). Economic......
The CEO of Japan's largest investment bank, Nomura, has taken a significant step to address the fallout from a serious incident involving a former employee. Kentaro Okuda, who has been at the helm of Nomura since 2020, announced a voluntary 30% reduction in his salary over the next three months.......
Société Générale Maroc has announced nearly stable financial results as of September 30, 2024. Despite slight contractions in certain areas, the bank has demonstrated resilience and growth in key financial indicators. Credit and Deposits Performance As of the......
In a significant shift for the club, Manchester United has announced the dismissal of manager Erik ten Hag following a lackluster start to the Premier League season. The decision was made official on Monday, just hours after the team suffered a 2-1 defeat against West Ham United, leaving them languishing......
The Al Nour Wal Amal Orchestra, a groundbreaking ensemble of visually impaired women musicians, is poised to make history with their upcoming performance at the Royal Opera House Muscat on Thursday, October 17, 2024. This landmark event not only showcases the extraordinary talents of these remarkable......
The MASI Index Drops by 1.8%, Reflecting Market Volatility The Moroccan dirham maintained its stability against the euro but experienced a 1.17% depreciation against the US dollar between September 26 and October 2. This fluctuation underscores the ongoing dynamics in the global currency market and......
Morocco's tourism industry has achieved unprecedented success, with foreign currency revenues reaching a record high of MAD 17 billion (approximately $1.74 billion) in August 2024. This remarkable performance represents a significant 20% increase compared to the same period last year, according to......
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