Since May 1, 2025, payment institutions and banking subsidiaries dedicated to acquisition services, with proper authorization, can operate in Morocco’s electronic payment market and commercialize their offerings, the Competition Council announced. The Council recently held a follow-up meeting on dismantling the quasi-monopoly held by the Centre Monétique Interbancaire (CMI) in the electronic payment market. Besides […]
Morocco is mobilizing close to 200 billion dirhams (20 billion dollars) in public and private investment to transform its economy, infrastructure, and tourism sector ahead of co-hosting the 2030 FIFA World Cup, according to a detailed report by the daily Les Inspirations Éco. The Kingdom is treating the centenary World Cup not merely as a […]
Morocco and Saudi Arabia have both expressed their shared resolve to enhance their cooperation and propel it towards broader horizons. This determination was voiced by the Saudi and Moroccan Foreign Ministers, Prince Faisal bin Farhan Al Saud and Nasser Bourita, during the 14th session of the Saudi-Moroccan Joint Commission convened in Mecca on Wednesday. The […]
