endeavor

Morocco targets economic diversification to secure long-term growth

Morocco has taken a series of reforms to diversify the triggers of growth for its economy away from dependence on agriculture, phosphates and tourism through developing competitive industries and diversifying its trading partners. Agriculture weights about 15% of the Moroccan economy making the amount of rainfall key to influence economic performance. Last year, cereals output […]

Morocco Launches First Financial Futures Trading, Milestone Derivative in Casablanca Stock Exchange

Bank Al-Maghrib and the Moroccan Capital Market Authority (AMMC) announced on Monday the start of futures trading in financial instruments with first listing of a standard futures contract on the MASI 20 equity index. A futures market is a regulated financial marketplace where participants buy and sell standardized contracts to deliver commodities or securities at […]

Sahara: Australia Supports Morocco’s Territorial Integrity

Chairman of Australia-Arab Chamber of Commerce & Industry Roland Jabbour has voiced his country’s full backing to Morocco’s territorial integrity and sovereignty over the Sahara. Speaking to journalists following a meeting Thursday in Rabat with Moroccan Secretary of State to Foreign Affairs Mounia Boucetta, Mr. Roland said: “We strongly support the sovereignty of the Kingdom […]