Emerging Markets Finance Headlines Morocco

Morocco opens digital payment market, ends CMI’s near-monopoly

Morocco has officially dismantled the near-monopoly held by le Centre Monétique Interbancaire (CMI) over electronic payment terminals, marking a major shift in the country’s digital economy and financial sector. The reform, which took effect on May 1, 2025, allows banks, fintech firms, and independent payment providers to directly offer point-of-sale (POS) services to merchants, a […]

Business Emerging Markets Europe Headlines International Morocco

UK looks to deepen economic ties with Morocco after Sahara stance

The UK has endorsed Morocco’s autonomy plan as the most credible basis to resolve the Sahara issue, as it also looks to deepen economic ties with Morocco, building on 800 years of relations. The United Kingdom has opened a “new era” in its ties with Morocco with the recognition of the autonomy plan for the […]

Africa Columns Emerging Markets Finance Headlines International Morocco

Morocco’s King outlines roadmap for comprehensive, sustainable development in Africa

King Mohammed VI has outlined a roadmap for achieving a comprehensive and sustainable development in Africa, based on four key pillars, namely changing the model used for development financing; creating an institutional, economic, and social environment conducive to development; increasing and stimulating intra-African trade; and increasing the value of the continent’s abundant natural resources. These […]

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UK, Morocco diversify partnership on back of stronger political ties

Morocco and the UK have agreed to strengthen cooperation in various development areas at the end of their strategic dialogue, which wrapped up with the support of the UK for Morocco’s autonomy plan for the Sahara. In a joint statement issued after the dialogue, attended by foreign secretary David Lammy, the two countries signed a […]

Europe Headlines International Morocco

UK commends Moroccan King’s leadership

The United Kingdom commended the leadership of King Mohammed VI in strengthening Moroccan-British relations, promoting regional stability, and fostering national development. This position was expressed in a Joint Communiqué signed, Sunday in Rabat, following talks between Minister of Foreign Affairs, Nasser Bourita, and the British Secretary of State for Foreign Affairs, David Lammy. “Their Majesties […]

Headlines Maghreb Mauritania Morocco

Moroccan medical team performs complex surgeries in Nouakchott, opportunity for exchange of medical expertise

A high-level Moroccan medical team conducted a series of complex surgical procedures in the Mauritanian capital, Nouakchott, at the National Hospital Center. This initiative is part of an advanced health partnership between the center and Morocco’s Ibn Sina University Hospital. This medical campaign, conducted with the participation of both Moroccan and Mauritanian surgeons, aims to […]

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Morocco’s automotive, phosphates exports mitigate an expanding trade deficit

Morocco’s automotive sector, phosphates, agri-food and the aerospace industry exports showed resilience in the face of global economic uncertainties and helped mitigate an expanding trade deficit in the first four months this year. Home to production plants by Stellantis Renault and part suppliers, the automotive sector sold 49 billion dirhams, down 7%, topping all industrial […]

Algeria Europe Headlines International Maghreb Morocco

UN Refugee Agency closes its offices in Tindouf and Laayoune, signaling major shift in Sahara issue

The UN refugee agency has decided to close its offices in Laayoune (Southern Morocco) and Tindouf camps (Algeria) by the end of September 2025, according to diplomatic sources cited by several press reports. The UN High Commissioner for Refugees (UNHCR) has informed its employees in these two locations as well as 14 employees operating in […]

Headlines International Morocco

UN Chief honors fallen Moroccan Blue Helmet

UN Secretary General Antonio Guterres has posthumously awarded the Dag Hammarskjöld Medal to 1st Corporal Karim Temara, a member of the Moroccan Royal Armed Forces, during a ceremony held lately at UN Headquarters in New York. Temara died in 2024 while serving with the UN Stabilization Mission in the Democratic Republic of Congo (MONUSCO). The […]

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Royal Air Maroc to start receiving Boeing 737 MAX 8 Jets shortly

Royal Air Maroc (RAM) is set to bolster its fleet with the delivery of two Boeing 737 MAX 8 aircraft, scheduled to arrive on May 31 and June 2, respectively, Le360 reported. The order is part of the national carrier’s broader strategy to expand and modernize its operations amid growing demand for air travel. These […]