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Moroccan Banks Announce Exceptional Year-End Weekend Operations for 2024

The Moroccan Professional Group of Banks (GPBM) has unveiled plans to keep banks open during the final weekend of 2024, marking a notable departure from standard banking hours. This exceptional measure, announced on Thursday, will see banks operating on December 28-29, 2024. The initiative is designed......

Moroccan Buyers Surge to Second Place in Spanish Property Market

In a significant shift within Spain's real estate landscape, Moroccan nationals have emerged as the second-largest group of foreign property buyers during the first half of 2024. This development, reported by Spain's General Council of Notaries, marks a notable trend in cross-border real estate......

Morocco Launches Hajj Payment Process for 1446H Season

The Ministry of Endowments and Islamic Affairs has unveiled the payment procedure for this year's Hajj pilgrimage. From September 2 to September 20, selected citizens will process their fees through Barid Bank agencies across Morocco, with certified checks accepted. The cost for participants chosen......

Illicit Real Estate Dealings: Financial Intelligence Authority Probes Suspicious Transactions

In a proactive move to combat financial crimes, the National Financial Intelligence Authority (ANRF) has received thousands of suspicious activity reports from notaries, raising concerns over potential money laundering activities within the real estate sector. These reports highlight dubious practices,......

Morocco Leads Mobile Payments in Africa and the Middle East

Morocco has emerged as the leader in mobile payments across Africa and the Middle East, securing the top spot on the Evina & Telecoming Direct Carrier Billing (DCB) Index with an impressive score of 3.6 out of 5. This reflects the country's robust ecosystem for digital transactions and its success......