France-Morocco: Arrest of gangster on the lam translates excellent security cooperation

Fitch Ratings: Morocco has Buffers against Pressure on its Finances due to Covid-19

Pressure exerted on Morocco’s current account deficit (CAD) and external finances have increased significantly due to the COVID-19 pandemic global shock, Fitch Ratings says. However, the North African country has buffers to manage increased pressures, including recently displayed willingness to adjust the flexibility of the exchange rate regime, adds the international rating agency. Disruptions to […]

Industry Minister reassures car making plants will stay in Morocco

Car manufacturers are interested to maintain operations in Morocco where production costs are one of the most competitive globally, Industry Minister Moulay Hafid El Alamy said. Speaking to MPs, he denounced as baseless the claims that France will call back its car production plants because of the crisis caused by Covid-19. Thanks to Morocco’s competitiveness, […]

Casablanca stock market poised to be lever for Morocco’s economic development- international media

Morocco’s new development model emphasized the key role that Casablanca stock exchange is poised to play and set goals such as increasing market capitalization and initial public offerings. However, the stock market suffered a lethargy in recent years with fewer listings and low secondary market activity as well as a flight of foreign investors. The […]