BP

MOROCCO’S ECONOMY SHOWS STRONG GROWTH PROSPECTS DESPITE RISING TRADE DEFICIT

Morocco’s economy is projected to grow 4.4 percent in 2025 and 4 percent in 2026, driven by robust domestic demand and investment, though concerns mount over a widening trade deficit that could reach 20.1 percent of GDP by 2026. The High Commission for Planning’s exploratory economic budget reveals an economy gaining momentum despite global uncertainties. […]

Dar Al Moukawil: Attijariwafa bank opens its 16th center in Laâyoune

Attijariwafa bank, one of Morocco’s leading banking institutions, has expanded its “Dar Al Moukawil” network with the inauguration of its 16th center in the city of Laâyoune, on the occasion of the 46th anniversary of the Green March.   The institution is thereby strengthening its support for small businesses and project leaders in the Moroccan […]

Egypt to increase electricity prices by 19 per cent from next month

Egypt announced Wednesday electricity price will increase by 19 per cent from next month, amid the covid-19 pandemic. The decision announced by the ministry of electricity is the seventh increase by the regime of President Fattah Al Sisi in power since 2014. The move is however in line with the ministry’s previous decision to increase […]