JET

EBRD: Haytham Eissa, new head of bank’s office in Morocco

The European Bank for Reconstruction and Development (EBRD) has appointed Haytham Eissa Head of the Bank’s Office in Morocco, in replacement Antoine Sallé de Chou. Mr Eissa said: “Building on the EBRD’s strong track record in Morocco, I am committed to driving even greater impact in the years ahead. We will continue to invest in […]

Morocco advances railway ambitions at Beijing global summit

Morocco has strengthened its position in the global railway sector through high-level participation at two prestigious international conferences in Beijing, showcasing the kingdom’s achievements and future ambitions in high-speed rail development. The National Railway Office (ONCF) represented Morocco at the 106th General Assembly of the International Union of Railways (UIC) and the 12th World Congress […]

Morocco could tap into IMF credit line if oil prices soar

Morocco may activate its $4.5 billion IMF Flexible Credit Line (FCL) if global oil prices surge beyond $120 per barrel, Morocco’s central bank governor Abdellatif Jouahri said, highlighting that the country maintains powerful liquidity backstops and solid macro-economic fundamentals in the face of rising geopolitical uncertainty. Speaking at a press conference in Rabat following the […]