Finance Headlines Morocco

Gulf tensions, domestic factors trigger sharp pullback on Casablanca bourse

Heightened geopolitical tensions in the Gulf and domestic market dynamics have contributed to a sharp pullback on the MASI at the Casablanca Stock Exchange, following a strong rally that marked the end of 2025 and early 2026, a recent report by Attijari Global Research (AGR) showed Despite solid corporate earnings, the Moroccan equity market experienced […]

Finance Headlines Morocco

Morocco’s ICT Market on Course to Surpass $10 Billion by 2030

Morocco’s information and communications technology sector is on a robust growth trajectory, with market value projected to climb from $6.95 billion in 2025 to $10.08 billion by 2030 — a compound annual growth rate of 6.37%, according to the latest Mordor Intelligence report. The expansion reflects a strategic shift from basic infrastructure toward advanced digital […]

Finance Headlines Libya

Libya: Central Bank Allows Foreign Residents to Use e-Wallets, Sets Daily Transfer Limits

The Central Bank of Libya has instructed commercial banks and electronic payment providers to allow officially registered foreign residents to use e-wallets as part of efforts to expand digital payments and promote financial inclusion.   According to a letter dated March 11, 2026 and referenced 9/2026, which was leaked to Libyan media, the directive is […]

Asia Finance Headlines Morocco

Morocco’s central bank faces delicate balancing act amid financial repercussions of gulf tensions

War in the Gulf raises the prospect of renewed imported inflation in Morocco, just days before Bank Al‑Maghrib (BAM) holds its first quarterly monetary policy meeting of 2026. The conflict, which shows no sign of easing, has rattled global markets and revived fears of an energy‑driven shock at a moment when Morocco had begun restoring […]

Finance Headlines Mauritania

Mauritania, Islamic Development Bank sign €116.6 million financing deals for health and energy

Mauritania and the Islamic Development Bank (IsDB) have signed two financing agreements worth €116.6 million to strengthen the country’s health and energy sectors.   The agreements were signed in Jeddah by Mauritania’s Minister of Economic Affairs, Abdallah Ould Souleymane Ould Cheikh Sidia, and IsDB Vice-President for Operations, Rami Ahmed, in the presence of senior Mauritanian […]

Asia Columns Finance Headlines Morocco

Imported inflation haunts Morocco as tension soars in Gulf

The aerial strikes in the Middle East shows no sign of easing, and their economic aftershocks are beginning to weigh heavily on global markets, while in Morocco, fears of a renewed wave of imported inflation are intensifying. The conflict could significantly alter the country’s economic trajectory just as Bank Al‑Maghrib prepares for its first monetary‑policy […]

Finance Headlines Morocco

Moody’s Raises Morocco’s Outlook from ‘Stable’ to ‘Positive’

Moody’s Ratings has revised Morocco’s “Ba1” rating outlook for its long-term foreign and local currency debt from “stable” to “positive,” according to the Ministry of Economy and Finance. In its assessment report, Moody’s emphasizes that the “positive outlook” reflects the gradual improvement in Morocco’s economic and fiscal strength, which is likely to further reinforce its […]

Finance Headlines Morocco

Morocco Launches Major Overhaul of Its 1969 Agricultural Investment Code

Morocco’s Ministry of Agriculture has issued a tender for a comprehensive study to reform the country’s Agricultural Investment Code — a foundational legal framework that has governed irrigation, land tenure, and private investment incentives in the sector since its adoption in 1969. The study carries a budget of 5.64 million dirhams and must be completed […]

Finance Headlines Libya

Libya’s E-Payments Surge, Central Bank Reports Record Digital Transactions

The Governor of the Central Bank of Libya, Naji Issa, has reviewed the latest performance indicators for the country’s electronic payment systems, highlighting sustained growth across multiple platforms. The assessment was conducted on Tuesday during an expanded meeting at the Bank’s Tripoli headquarters, attended by the general managers of several banks and directors of electronic […]

Egypt Europe Finance Headlines Morocco

Morocco and Egypt Lead African Nations as Top EIB Beneficiaries in 2025

Morocco and Egypt have emerged as the primary African recipients of European Investment Bank financing in 2025, as the EU’s financial arm deployed a record €3.1 billion across the continent through its international development branch, EIB Global — representing one third of the institution’s total disbursements outside the European Union. The investment drive, aligned with […]