Category: Business

Morocco’s resistance to shocks reflects “strength of its economy & financial system” – IMF

October 11, 2023

Tobias Adrian, Director of Monetary and Capital Markets Department within the International Monetary Fund (IMF) emphasized the resilience of the Moroccan economy and its "impressive ... Read More

Morocco’s OCP Group teams up with WB to unlock Africa’s potential in global food security

October 11, 2023

Morocco’s Phosphate Group (OCP) and the World Bank agreed on Wednesday in Marrakesh to strengthen cooperation ties and programs benefitting five million farmers in Benin, ... Read More

Mauritania becomes observer member at Gas Exporting Countries Forum

October 11, 2023

Mauritania has acquired observer member status from the Gas Exporting Countries Forum (GECF), a grouping which collectively accounts for 70% of global natural gas reserves ... Read More

Morocco’s efforts to help students in quake-hit areas are ‘very impressive’, WB/IMF annual meetings in Marrakech testify to country’s resilience

October 11, 2023

The efforts being made to help schoolchildren in the regions of Morocco affected by the September 8 earthquake are "very impressive", stressed, on Tuesday in ... Read More

IFC supports Morocco’s food security, financial inclusion, sustainable agriculture, renewable energies

October 10, 2023

The International Financial Corporation, member of the World Bank, announced on Tuesday financial support for Moroccan projects destined to enhance food security, access to finance, ... Read More

Morocco’s Economy to Grow by 2.4% in 2023; 3.6% in 2024 (IMF)

October 10, 2023

Morocco's economy is expected to grow by 2.4% in 2023, and by 3.6% in 2024, according to the International Monetary Fund (IMF). This came in ... Read More

Morocco’s PM & EC Chief Discuss Partnership & Latest Regional Developments

October 10, 2023

Head of Moroccan government Aziz Akhannouch met on Tuesday in Brussels European Commission President Ursula Von Der Leyen in presence of foreign minister Nasser Bourita. ... Read More

Moroccan central bank invests in World Bank green bond

October 10, 2023

Morocco’s central bank purchased 200 million euros of sustainable bonds from the World Bank as Morocco hosts the annual meetings of the IMF and the ... Read More

Egypt suspends customs duties on essential goods for six months

October 10, 2023

Egypt’s Premier Mostafa Madbouly announced Monday October 9 the government decision to suspend from next Saturday duties and customs on essential goods as part of ... Read More

IMF chief lauds Morocco’s swift earthquake response

October 10, 2023

Head of the IMF Kristalina Georgieva lauded Morocco’s rapid and efficient response to the earthquake following a visit to the stricken areas. Morocco showed “unmatched ... Read More