vaccine-omicron

Morocco’s Central Bank Maintains Key Interest Rate Unchanged at 2.25%

Morocco’s Central Bank, Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% following its board meeting on Tuesday, December 19. The Bank said inflation was expected to reach 0.7 % on average at year end, down from 1.6 percent in 2016. The bank also revised down economic growth to 4.1% this year from […]

Oracle opens new R&D lab in Morocco, its first in Africa

The American giant of database management systems, Oracle Corporation, has announced the opening of a new branch of Oracle Labs, the company’s advanced research arm, in Casablanca, its very first Research and Development (R&D) laboratory in Africa. Oracle’s new lab will accommodate up to 100 researchers. Oracle’s cloud, artificial intelligence, and machine learning technologies will […]

Royal Air Maroc to Add Nine New Direct Routes in 2026 across Three Continents

Royal Air Maroc (RAM) said on Dec 15 it will launch nine new direct routes next year across Europe, Africa and the Americas, advancing its strategy to position Casablanca as a global hub and deepen Morocco’s international connectivity. RAM confirmed, in a statement, it will start Casablanca–Saint Petersburg in January 2026 and Casablanca–Los Angeles in […]