Trade between Morocco and the rest of Africa showed an average annual growth of 6.1% over the period 2009-2019, according to “Al Maliya”, the magazine of the Moroccan Ministry of Economy & Finance. The share of this trade in the Kingdom’s overall trade volume stood at 5.1% in 2019, according to data from the Foreign […]
The Casablanca Stock Exchange achieved a historic milestone last week, crossing the one trillion dirham market capitalization threshold for the first time, confirming the Moroccan financial market’s growing maturity and investor confidence. The benchmark MASI index advanced 1.30 percent during the week, breaking through the psychological 19,000-point barrier. This achievement reflects sustained market consolidation driven […]
The State Department has approved the sale to Morocco of Ground Command and Control and related equipment for an estimated cost of $141.1 million. According to the U.S. Defense Security Cooperation Agency, the North African Kingdom has requested to buy six Multifunctional Information Distribution System Joint Tactical Radio Systems (MIDS-JTRS) and additional secure communications, cryptographic […]
