Tunisian nabil-karoui

Morocco: Banking deposits surge 72% over a decade reaching $120 billion

Banking deposits in Morocco have experienced consistent growth over the past decade, reaching 1.271 trillion dirhams ($120 billion) in 2024 compared to 740 billion dirhams in 2014, representing a remarkable 72% increase. Bank Al-Maghrib monetary statistics confirm this robust upward trajectory, with deposits surpassing the one trillion-dirham milestone in 2020. The growth pattern demonstrates strong […]

Morocco can rely on France in Sahara- French FM says

As Morocco and France prepare to turn the page on an era of diplomatic frost, French foreign Minister Stephane Séjouné said Morocco can rely on his country on the Sahara issue, adding that France is aware that the “Sahara issue is an existential matter for Morocco and Moroccans.” Sejourne, who was speaking at a joint […]

Japanese JTEKT Car Component Manufacturer to Set up Factory in Tangier

Leading Japanese car part maker, JTEKT, will set up a plant worth €15 million in Tangier, an investment that will further bolster the automotive ecosystem in the country. The factory is scheduled to start producing car steering systems and drive parts in 2018, the Tanger-Med Port announced in a statement. The plant, to be built […]