Business Features Finance Headlines Morocco

Inclusive Finance: Morocco’s Princess Lalla Meryem Meets Queen Máxima

Morocco’s Princess Lalla Meryem received, on Wednesday in Rabat, Queen Máxima Zorreguieta of the Netherlands, UN Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA). The visit of Queen Máxima to Morocco is a UN recognition of the progress made by the North African Kingdom in the field of financial inclusion, a key enabler to […]

Finance Headlines Morocco

Morocco’s Top Banker calls for developing Fintech Ecosystem

Governor of Morocco’s Central Bank, Bank Al-Maghrib, Abdellatif Jouahri said that Morocco lags behind in Financial Technology (FinTech), stressing the need for a change of culture to develop the country’s FinTech ecosystem that plays a decisive role in the field of financial inclusion. Jouahri made the statement at a joint press briefing, he held in […]

Business Emerging Markets Europe Headlines International Morocco

UK Trade Commissioner: Morocco is gateway to Africa & key business partner

UK trade commissioner for Africa John Humphrey has described Morocco “a gateway to Africa and a key business partner for the United Kingdom”. Commenting his meeting held Tuesday in London with Moroccan Ambassador to the UK Hakim Hajoui, John Humphrey said, in his twitter account, that talks with the Moroccan ambassador focused on ways of […]

Americas Headlines International Morocco

Morocco’s FM holds talks in Washington with White House officials

Morocco’s Minister of Foreign Affairs Nasser Bourita held talks Tuesday in Washington with National Security Advisor, Jake Sullivan, and White House Coordinator for the Middle East and North Africa, Brett McGurk. Discussions focused on means to further deepen and diversify the strategic partnership between the United States and Morocco, in line with their shared ambitions […]

Headlines Morocco

Morocco: Illegal immigration attempt thwarted, 29 arrested

Elements of the regional security of the northeastern city of Al Hoceima have foiled, Tuesday, an illegal immigration attempt and arrested 29 would-be immigrants, including a young girl and six minors, said a security source. This operation was conducted in coordination with the services of the Royal Gendarmerie at the coast of Al Hoceima, added […]

Business Europe Headlines International Morocco

Watermelon: Morocco becomes 2nd supplier of the EU

Morocco’s watermelon exports to the European market reached 271 million kg in 2022. The North African Kingdom becomes thus the second supplier of the EU advancing Italy, which remains the top exporter of this product. According to latest data released by Eurostat, the exports of Moroccan watermelon to the EU amounted this year to over […]

Business Finance Headlines Morocco

Morocco’s Central Bank raises key interest rate to 3% to mitigate inflation

Morocco’s Central bank decided on Tuesday to lift its rates by 50 basis points to 3 percent to counter inflationary pressures exerted both at the domestic and international levels. During its first meeting of 2023 held in Rabat, the Board of Bank Al Maghrib discussed the evolution of the national economic situation and the Bank’s […]

Americas Columns Headlines International Maghreb Morocco Opinions

US underscores Moroccan King’s leadership, reaffirms support for autonomy plan

The US state department highlighted the leadership of King Mohammed VI in promoting regional stability and peace and reaffirmed its position in support of the Morocco-proposed autonomy plan. Secretary of State Anthony Blenken “expressed his appreciation for King Mohammed VI’s leadership and longstanding contribution to promoting stability and regional peace, including his efforts to promote […]

Americas Emerging Markets Headlines International Morocco

Morocco-U.S.A. strategic partnership reviewed this week in Washington

Moroccan Foreign Minister Nasser Bourita started Monday a working visit to Washington, as part of the regular consultations between the two countries that aim to consolidate their strategic partnership that has grown significantly in recent years in all areas and exchanging views on various regional and international issues. During this visit, Bourita will have a […]

Americas Business Emerging Markets Headlines International Morocco

US magazine ranks Morocco’s Rabat among 50 greatest destinations in 2023

Morocco’s capital city Rabat is among the 50 greatest destinations to explore in 2023, according to American news magazine Time. The ranking was based on steeper costs and increased interest in sustainability and authenticity. Artistic and cultural reinvention is bringing new life to the capital city of Rabat, the magazine wrote, noting that in 2023, […]