Morocco’s foreign exchange reserves rose 16.1% compared to the same period last year, the Central bank, Bank Al Maghreb said. By October 14, Morocco’s foreign exchange reserves stood at 250.1 billion dirhams up from 248.9 billion dirhams registered in the first week of September, the central bank said in its weekly statistics. This improvement of […]
King Mohammed VI held, at the Royal Palace in Casablanca on Monday, tête-à-tête talks with Portugal’s President Marcelo Rebelo de Sousa, who arrived earlier in the day for a visit to Morocco. During their encounter, the Sovereign decorated the Portuguese Head of State with Wissam Al Mohammadi, the highest honor in Morocco, while President Marcelo […]
Abdellatif Loudiyi, Minister Delegate to the Head of Government in charge of National Defense Administration, presented the 2026 defense budget to the parliamentary committee, confirming an increase in the country’s defense spending. The increase keeps the strategic focus on modernization and building a domestic military industry, Moroccan media reported citing Loudiyi’s meeting with members of […]
