Israeli-moroccan-us FMs Yair Lapid-Nasser Bourita-antony blinken

Morocco, 22nd most water stressed country in the globe- report

Morocco was listed among the 27 countries facing a high level of water stress according to a report issued recently by the World Resources Institute. Morocco was ranked 22nd in a list where Qatar, Lebanon and Israel were described as most countries facing an extremely high level of water shortage threat. Since its independence, Morocco […]

China backs Morocco’s efforts to preserve stability and security – Ambassador

The visit paid by Xi Jinping on Saturday to Casablanca highlights China’s support for Morocco’s efforts to preserve security and stability, Chinese ambassador to Rabat Li Changlin said. Jinping was received in Casablanca airport, on his way back from a G20 meeting in Brazil, by Crown Prince Moulay El Hassan and head of the government […]

Fitch agency: Moroccan Banks Net Income Reaches Record Levels 2023

Moroccan banks’ profitability continued to recover strongly in 1st half of 2023, with aggregate net income reaching record levels, says Fitch rating agency, noting that the positive trend should continue in 2nd semester due to higher interest rates and loan book growth. The seven largest banks’ aggregate net income increased by 28% yoy in 1st […]