Bank Al Maghrib

Morocco-Sound Energy: Sidi Moktar Permits extended for 24 months

Moroccan Authorities have granted Sound Energy, the Moroccan focused upstream gas company, a 24-month extension to the initial period of the Sidi Moktar Permits, onshore Morocco. The gas company announced the two-year extension in a press release, explaining the move was dictated by disruptions caused by Covid-19. “Due to further disruption caused by the impact […]

Pope’s Resignation, Unexpected, Unprecedented move

Pope Benedict XVI announced this Monday that he would be stepping down from office by the end of the current month, in an unexpected and unprecedented move in modern times. In a speech he delivered Monday before a church council, the Pope, 85, announced that he made his decision, which he described as “a decision […]

Morocco seeks to attract Japanese investors, economic decision-makers

Morocco is seeking to attract Japanese investors and strengthen the confidence of Japanese economic decision-makers in the Kingdom’s investment and economic potential. It is in this context that Junior Minister in charge of Investment, Mohcine Jazouli, is paying a working visit to Japan June 27 to July 1. The visit, organized by the Moroccan Agency […]