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King Assesses Field Performance of a Moroccan Consulate Near Paris

King Mohammed VI of Morocco on Tuesday visited his country’s consulate general in Orly in the Paris neighborhood to assess the work of the consular staff and their performance in meeting the Moroccan expatriates’ needs. The visit translates the King’s keen interest in the situation of Moroccan citizens living abroad and his concern to see […]

Morocco’s Central Bank Keeps Key Interest Rate Unchanged at 2.2 % & Expects 4.6 % Growth in 2025

Morocco’s Central Bank has decided to maintain the key interest rate unchanged at 2.25 percent due to deceleration in food prices and a slowdown of inflation from 2 % on average in the first quarter of this year to 0.7 % in April and 0.4 % in May. The decision was made by the Bank’s […]

PSA-FCA merger could bring new automotive investments to Morocco- Industry Minister

A merger between French automaker PSA, which already operates a plant in Kenitra, and Italian FCA could pave the way for the setting up of a FIAT factory in Morocco, said Industry and Trade Minister Moulay Hafid El Alamy. Speaking at a meeting in Italy, held by Morocco’s export promotion agency (AMDIE) and the Italian […]