Tindouf camps

British Fintech Revolut prepares Morocco market entry with digital banking revolution

British financial technology powerhouse Revolut is positioning itself to disrupt Morocco’s traditional banking sector, with regulatory approval applications submitted to Bank Al-Maghrib signaling imminent market entry into North Africa’s growing digital economy. The London-based neobank, valued at approximately 41 billion euros with nearly 60 million global customers, has appointed its first Morocco country director and […]

Death of Moroccan Rayan continues to prompt sympathy from around the world

The five-year old Moroccan boy, who died last week after being trapped in a well in the northern region of the country, continues to draw worldwide sympathy with the bereaved family and generate gratitude to the search teams. Following this tragic incident, King Mohammed VI offered in a phone call his condolences and sympathy to […]

Morocco’s textile industry seeks new strategy

Morocco’s textile and clothes industry represents 15% of the country’s GDP but has been facing fierce competition of Turkish manufacturers that caused many layouts and put several factories out of business, pushing Moroccan professionals to seek a new strategy to boost competitiveness. They mostly blame the free trade agreement signed with Turkey, which has dumped […]