Mohamed Aujjar

BAM Governor presents to King 2023 financial year report on economic, monetary, financial situation

King Mohammed VI, accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, received, on Monday at the Royal Palace in Tetouan, Abdellatif Jouahri, Governor of the Central Bank (Bank Al-Maghrib), who presented to the Sovereign the Bank’s annual report on the economic, monetary, and financial situation for the 2023 financial year. In his […]

Hyundai Rotem secures historic $1.5 billion Morocco rail contract

South Korean rail manufacturer Hyundai Rotem inaugurated its first Moroccan subsidiary this August, marking the company’s third African establishment following Egypt and Tunisia, as part of a historic $1.5 billion railway modernization contract. The landmark deal, signed in February 2025, represents Hyundai Rotem’s largest-ever railway contract worth approximately 2.2 trillion won. The agreement covers delivery […]

Gdim Izik Trial, ‘Fair and Impartial’- International Observers Say

The verdict handed by the appeal’s court in Salé against the 23 individuals accused of the killing of 11 members of Morocco’s security forces in the Gdim Izik events is “fair and impartial,” said the international observers who attended the hearings and proceedings. The Court has respected the principle of individualization of sentences by delivering […]