Casablanca stock exchange nears historic record following benchmark rate cut

Casablanca Stock Exchange approached its highest historical level, buoyed by the unexpected announcement from Bank Al-Maghrib to lower its key interest rate to 2.25%. The MASI, the benchmark index, closed up 2.10% at 17,193 points, touching its all-time high. The volume of transactions on the central market reached 1.1 billion dirhams. Attijariwafa Bank led the […]

Tourism, Morocco’s leading revenue source

Morocco’s tourism continues its impressive performance with 2.4% increase in receipts by the end of March 2025, compared to the same period in 2024, with nearly 24.63 billion dirhams (approximately $2.5 billion), the foreign exchange office said. Tourism has emerged as Morocco’s leading revenue source, surpassing key sectors including automotive, chemicals, food, information technology, and […]

Morocco rejoices at appointment of first woman, first African as WTO Director-General

Morocco has expressed satisfaction at the appointment of Nigerian Ngozi Okonjo-Iweala at the head of the World Trade Organization (WTO), as it is the first time that a woman from an African developing country is at the helm of the organization. The Nigerian Ngozi Okonjo-Iweala was appointed Director-General of the World Trade Organization (WTO) during […]