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Morocco increases defense budget as it prepares for industrialization
The Moroccan government increased the budget allocated for defense to 133 billion dirhams ($13.5 bln) as it prepares to promote defense industries and upgrade equipment, as shown in the draft budget for 2025. This year, Morocco’s defense budget was at 124 billion dirhams, highlighting the country’s efforts to modernize its army with state-of-the art technologies. […]
Hospital operator Akdital to make an offering at Casablanca stock exchange
Akdital, a Moroccan group that owns 15 clinics in Morocco, plans an Initial Public Offering at the Casablanca stock exchange to raise 1.2 billion dirhams. The IPO is the second on the Casablanca stock exchange which aims to attract similar offerings from Moroccan enterprises. In recent months, the bourse launched a campaign to […]
European ambassadors commend King’s vision for further democratization of public access to Morocco’s rich cultural heritage
European Ambassadors accredited to Morocco commended the vision of King Mohammed VI for the continued democratization of public access to Moroccan and international culture. This came during a working luncheon hosted for the European Union Heads of Mission by the Italian Ambassador in Rabat, Armando Barucco, and the Ambassador of the EU, Patricia Llombart Cussac. […]



