The International Monetary Fund Executive Board has reaffirmed Morocco’s continued qualification to access the Precautionary Liquidity Line (PLL) resources as approved in August 2012. The IMF made the decision after it completed the first review of Morocco’s performance under the economic program supported by the two-year PLL arrangement and after concluding the 2012 Article IV […]
IBA Group, a multinational software service provider and Berexia payment, a leading technology services company, have joined efforts to launch SoftPOS solution in Morocco in cooperation with Al Barid Bank and Royal Air Maroc (RAM). SoftPOS, or Software Point of Sale, is a software-based solution that turns any NFC-enabled smartphone or tablet into a secure […]
After an extended period marked by concerning water level declines, Al Wahda Dam, Morocco’s largest reservoir, is progressively recovering thanks to significant recent precipitation. These rains delivered nearly 600 million cubic meters of water inflows, bringing total stored volume to over 2.069 billion cubic meters—a 59.16% fill rate. Precipitation exceeding 295 millimeters played a decisive […]
