First Independent Mena Newspaper
Morocco’s main ports operator, Marsa Maroc Group, has unveiled a $2.1 billion investment program over 2025-2030 period to strengthen the group’s regional leadership. The investment roadmap was approved by the company’s board of directors during its latest meeting convened to endorse the 2025 financial statements. Consolidated revenue of Marsa Maroc increased from $500 million recorded […]
Morocco’s economic growth is expected to reach 4.4 percent in 2026 and 4.5 percent in 2027, supported by strong agriculture output and public infrastructure investment, according to IMF report released Monday after completing the Mid-Term Review under the Flexible Credit Line Arrangement (FCL). The scaling up of public investment in the country offers opportunities for […]
Once regarded as a secondary byproduct of financial transactions, market data has emerged as a cornerstone of the Casablanca Stock Exchange’s competitiveness, credibility, and appeal to international investors. As algorithmic and quantitative trading increasingly defines global financial markets, the quality, speed, and standardization of data infrastructure has become as decisive as the fundamentals of the […]
Morocco has cemented its position among the continent’s three largest sovereign debt issuers in 2026, alongside Egypt and South Africa, according to the latest S&P Global Ratings report. The ranking reflects growing market confidence in the Kingdom’s financial management and the tangible results of a sustained reform agenda pursued over recent years. The backdrop is […]
Morocco may activate its $4.5 billion IMF Flexible Credit Line (FCL) if global oil prices surge beyond $120 per barrel, Morocco’s central bank governor Abdellatif Jouahri said, highlighting that the country maintains powerful liquidity backstops and solid macro-economic fundamentals in the face of rising geopolitical uncertainty. Speaking at a press conference in Rabat following the […]
Morocco’s Central bank has decided to maintain its key interest rate unchanged at 2.25 % due to the continued strong momentum in economic activity, the projected moderate levels of inflation, and the significant uncertainty surrounding the global outlook. The decision was made Tuesday by the Bank’s Board after analyzing national and international economic developments, as […]
Casablanca’s stock market has endured two weeks of turbulence after the outbreak of the war in the Gulf triggered fears of soaring oil prices and a return of runaway inflation. Casablanca’s reaction has been sharper than in several regional markets with greater direct exposure to the conflict. Between February 20 and March 3, Egypt’s exchange […]
The Central Bank of Sudan announced Monday a significant increase in lending limits for micro and small-scale finance, as authorities seek to cushion the effects of soaring inflation and stimulate economic recovery. The policy shift, outlined in a Circular, forms part of the bank’s broader 2026 strategy aimed at deepening financial inclusion and supporting […]
Tax revenues have surged in early 2026, reaching 9.7 billion ouguiyas, a significant increase from 5.75 billion ouguiyas recorded during the same period in 2025. The Directorate General of Taxes, a cornerstone of the country’s fiscal architecture, has played a pivotal role in mobilizing state revenue, and exceeding its targets under the Finance Law in […]
Morocco’s central bank is widely expected to maintain its benchmark interest rate at 2.25% when its policy council convenes on March 17, in what would mark the fourth consecutive pause in the current monetary cycle. Despite domestic macroeconomic conditions that would ordinarily justify further easing, geopolitical turbulence stemming from the Middle East conflict has prompted […]