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Draft Decrees on Implementation of Bill on Compulsory Military Service Approved at Ministers’ Council

Two draft decrees relating to the implementation of the recently adopted bill reinstating compulsory military service for young people aged between 19 and 25 years for 12 months have been adopted Thursday (Feb.7) at a Ministers’ Council held under the chairmanship of King Mohammed VI, Supreme Commander and Chief of the General Staff of the […]

Morocco’s car exports jump 39% in first quarter 2021

Morocco’s car exports rose 39% to 22.6 billion dirhams in the first quarter this year, topping all industrial sales as the country’s trade deficit shrinks 11.2% during the same period. The improvement in the trade deficit is actually reflective of a drop in demand by Moroccan manufacturers as a result of the slowdown in key […]

Morocco’s CFC, Leading Financial Center in Africa, GFCI ranking

Casablanca Finance City has outstripped Johannesburg and Mauritius to become the leading financial center in Africa as it topped the continent’s ranking established by the Global Financial Centers Index (GFCI.) At the global level, CFC stands on the 33rd position of the ranking established by GFCI which ranks financial centers according to one main criteria: […]