Moroccan seasonal workers in Spain

Morocco says 1 billion Euro bond sale was ‘successful’

Morocco issued on Thursday an international bond worth 1 billion Euros, the finance ministry said, noting the success of the sovereign notes sales as demand hit €5.3 billion. The bond has a maturity of 12 years and an interest rate of 1.5% as Morocco tapped the international market at a very propitious time benefiting for […]

CASABLANCA STOCK EXCHANGE SURPASSES ONE TRILLION DIRHAM MILESTONE

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 […]

Morocco to inject $3.3 million in G5 Sahel counterterrorism force

Morocco will donate $3.3 million to the priority investment program of the G5 Sahel joint force tasked with fighting terrorists and insurgents in West Africa. The announcement was made at a G5 meeting in Nouakchott by director for Maghreb and African Union at Morocco’s foreign ministry Abderrazak Laassel who underscored Morocco’s firm commitment to regional […]