Spanish agriculture & fisheries minister Luis-Planas

Morocco’s Competition Council accelerates electronic payment market opening

Since May 1, 2025, payment institutions and banking subsidiaries dedicated to acquisition services, with proper authorization, can operate in Morocco’s electronic payment market and commercialize their offerings, the Competition Council announced. The Council recently held a follow-up meeting on dismantling the quasi-monopoly held by the Centre Monétique Interbancaire (CMI) in the electronic payment market. Besides […]

Morocco’s trade deficit shrinks by 14.6% in first quarter 2024

Morocco’s trade deficit dropped to 61.9 billlion dirhams, down 14.6%, thanks to higher exports and lower imports, the foreign exchange office said. Morocco’s automotive sector topped exports with 38.8 billion dirhams, up 13%, offsetting a 2.3% drop in phosphates exports at 17.6 billion dirhams. Morocco’s energy imports dropped in value by 13.6% to 28 billion […]

Morocco Nabs Three Isis Militants Including 1st Woman Suicide Bomber

Moroccan security services have captured lately three people belonging to a militant cell having ties with the terrorist Islamic State group. The cell, which includes a woman who appears to be the first female suicide bomber, is the second of its kind to be dismantled in the North African country after the Paris attacks of […]