algeria economy

Andalucia Businessmen Interested in Investment Opportunities in Morocco’s Aeronautical Market worth over $2.8 Bln

A delegation representing several Spanish aerospace companies from Seville and Cadiz visited lately Casablanca to explore the investment opportunities offered in the Kingdom’s aeronautic sector, generating annual revenue exceeding $ 2.8 billion. The Spanish trade mission was organized by Andalucía TRADE, Andalucía Aerospace and Moroccan grouping of aeronautical & space industries (GIMAS) to strengthen business […]

Morocco’s Central Bank Signs Cooperation Deal with Dubai Financial Services Authority

Morocco’s Bank Al Maghrib (BAM) and Dubai Financial Services Authority (DFSA) have agreed on Wednesday in Rabat to strengthen cooperation in financial services and in enhancing investors’ confidence. Inked by Abdellatif Jouhari, Governor of Bank Al Maghrib, and Chief Executive of the DFSA, Bryan Stirewalt, the agreement provides for coordination and cooperation between the two […]

Casablanca stock exchange on the red over Covid-19 fears

The main index at Casablanca’s stock exchange suffered on February 9 the steepest single-day plunge in its history amid a similar trend in international bourses due to Coronavirus fears. Investors rushed to sell shares causing a 5.82% drop in Masi, Casablanca’s main index, which lost 11.2% of its value since the beginning of 2020. The […]