Morocco’s Central Bank pauses monetary tightening as inflation eases

Morocco’s central bank pauses its monetary tightening as inflation is expected to further drop to 2.6% in 2024 from 6% in 2023 amid preparations for reconstruction in earthquake-hit areas. Speaking to the press Abdellatif Jouahri highlighted the uncertainties of the global economy and the need for vigilance, adding that holding the key interest rate as […]

King Mohammed VI congratulates Moroccan team for historic qualification to World Cup Quarterfinals; receives congratulations from Arab leaders

King Mohammed VI has congratulated the members of the Moroccan national team for their historic qualification to the quarterfinals of the 2022 FIFA World Cup in Qatar. Immediately after the end of the match which opposed, on Tuesday, the Morocco soccer team to its Spanish counterpart, the sovereign spoke on the phone with the President […]

German engineering giant FEV expands African footprint in Morocco

German automotive engineering powerhouse FEV Group, a global leader in the development of products and systems for the automotive industry, has crossed a significant milestone in Morocco, with its North African subsidiary surpassing 150 employees just six years after establishing operations in the kingdom. The expansion underscores Morocco’s growing importance as a strategic hub for […]