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Morocco has one of world’s most advanced train infrastructure-Global ranking

Morocco was ranked 12 in a list of countries with the most advanced high-speed rail network published by rail website Omio. The ranking analyzed the leading high-speed rail infrastructure worldwide and identified the top 20 countries with the most advanced network. The factors considered included: trains’ operational and record speeds, miles of existing railway, and […]

Morocco’s Central Bank Joins Bank for International Settlements

Bank Al-Maghrib, Morocco’s central bank, has become member of the Bank for International Settlements (BIS), the oldest international financial institution, which helps central banks in their pursuit of monetary and financial stability through international cooperation. The decision was made lately by the BIS Board of Directors, which agreed to expand its membership by including the […]

UK Global Ports Holding, Preferred Bidder for Management of Casablanca Cruise Terminal

A consortium led by UK’s Global Ports Holding, the world’s largest independent cruise port operator, has been awarded by Moroccan authorities “preferred bidder status” to operate the Casablanca new cruise terminal. Besides GPH, which owns 51% of the consortium, the selected group includes local shareholder, Steya (40%) and Spanish Ocean Infrastructures Management (9%). After becoming […]