Emerging Markets Finance Headlines International Morocco

Fitch Solutions expect Morocco’s central bank to cut benchmark rate to 2.25% in H2

Morocco’s central bank is expected to take more monetary easing steps in the second half of this year by cutting the benchmark rate to 2.25% from 2.75% currently, Fitch Solutions said. “We forecast that BAM will cut its policy rate in another two steps of 25bps in September and December 2024, to 2.25% by end-year […]

Asia Columns Headlines International Morocco

King Mohammed VI’s proposal for a lasting solution to Palestinian-Israeli conflict

King Mohammed VI, Chairman of the Al-Quds Committee, urged a break away with crisis management in favor of a lasting solution to the Israeli-Palestinian conflict that would help achieve an independent Palestinian state, including Gaza territory, with eastern Jerusalem as its capital. “In keeping with the same spirit of commitment and responsibility, I continue to […]

Columns Headlines Morocco

King Mohammed VI urges speeding up desalination projects powered by clean energy

King Mohammed VI underscored the need to address the water challenge by speeding up desalination projects that are powered by renewable energies. In a speech on the 25th anniversary of his accession to the throne, the King underscored the pressing need to take “urgent, innovative steps in order to avoid water shortages,” following six years […]

Features Headlines Morocco

Morocco: King Mohammed VI celebrates a Quarter Century of Achievements and Challenges

King Mohammed VI proudly celebrated the 25th anniversary of his accession to the throne. In his speech, he expressed his gratitude to God for the political, institutional, economic, and social achievements of his reign. The King highlighted efforts to consolidate Moroccan identity, ensure social cohesion, and strengthen Morocco’s position on the international stage. The King […]

Emerging Markets Finance Headlines Morocco

BAM Governor presents to King 2023 financial year report on economic, monetary, financial situation

King Mohammed VI, accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, received, on Monday at the Royal Palace in Tetouan, Abdellatif Jouahri, Governor of the Central Bank (Bank Al-Maghrib), who presented to the Sovereign the Bank’s annual report on the economic, monetary, and financial situation for the 2023 financial year. In his […]

Headlines Morocco

Throne Day: King Mohammed VI pardons nearly 2,500 inmates, including convicts in extremism, terrorism cases

On the occasion of Throne Day, celebrated on July 30 in Morocco, King Mohammed VI granted pardon to 2,476 People, sentenced by the different Moroccan courts, the Justice Ministry said in a statement. The Ministry of Justice unveiled the list of the beneficiaries of the royal pardon, who are either detained or serving a suspended […]

Headlines International Morocco

25 Years of Reign: Ports of Tanger-Med, Nador West Med & Dakhla Atlantic, changing face of Morocco

Moroccans are looking back with pride at the impressive social, economic and political achievements accomplished in the country under the leadership of King Mohammed VI. In a span of 25 years, the Kingdom has been transformed into a regional powerhouse with a highly diversified and competitive economy with a vast network of global friends, strategic […]

Business Columns Emerging Markets Headlines Morocco

French Magazine highlights Morocco’s Infrastructure Renaissance spearheaded by King Mohammed VI

The French magazine Conflicts, specializing in geopolitical issues, extensively published an analysis on “Morocco’s success in the field of infrastructure over the past 25 years, after considering the role of this element in various international documents as fundamental to economic development.” In what constitutes a “French acknowledgment” of Morocco’s infrastructure Renaissance, the Geopolitics magazine confirmed […]

Africa Columns Emerging Markets Headlines International Morocco

Morocco in the forefront of African solidarity under King Mohammed VI reign

King Mohammed VI stands as a champion of intra-African solidarity, matching words with action through the launch of initiatives that aimed at spurring African economic integration, protecting the rights of Africans, promoting religious tolerance, and safeguarding peace and stability. Integration With more than 50 visits paid to different African countries during 25 years of his […]

Business Emerging Markets Europe Headlines International Morocco

Italian ferry company opens new bureau in Nador

Italian ferry company Grandi Navi Veloci (GNV) has inaugurated this week a new bureau in Nador, its second in Morocco after that of Tangiers. This expansion in the North African kingdom falls in the frame of the Marhaba 2024 operation, meant to facilitate Moroccan expatriates’ journey for holidaying in their mother country. “Following extensive renovation […]