First Independent Mena Newspaper
Morocco’s industrial sector showed clear signs of recovery in July 2025, with production and sales improving across nearly all branches, according to the latest business survey conducted by Bank Al-Maghrib. The central bank’s findings, based on responses from 400 industrial firms, showed a broad-based rebound in activity, with the exception of the textile and leather […]
Abdellatif Jouahri, Governor of Morocco’s central bank, Bank Al-Maghrib, was honored Saturday with an award, recognizing him as one of the world’s top Central Bank Governors. The award, bestowed by the American magazine Global Finance, was handed over to Jouahri at a ceremony on the sidelines of the 2023 Annual Meetings of the World Bank […]
Abdellatif Jouahri, the governor of Bank Al-Maghrib, is among the best Central Bank Governors in the world, according to the latest ranking issued by US magazine Global Finance. Jouahri earned an “A-” granted by the New York-based magazine in its “Central Banker Report Cards 2023,” an annual assessment of Central Bank governors. Bank Al-Maghrib is […]
Morocco’s economy is shaking off Covid-19 impact with a rebound in economic activity that is expected to push growth to 6.2%, Morocco’s central bank said, confirming the positive outlook for the country’s economy drawn by the IMF. The Central bank had previously forecast the economy to grow by 5.8% after it contracted 6.3% last year […]
Morocco’s central Bank has teamed up with the International Finance Corporation (IFC) to improve SMEs access to finance through the development of Supply Chain Finance (SCF), which enables both buyers and suppliers to optimize their working capital, improve cash flow, and receive early payment on invoices. An agreement has been sealed lately between Bank Al-Maghrib […]
Morocco’s economic growth is expected to fall to 2.6% in 2019 after lower rainfall affected crops, the central bank said, noting that growth would increase to 3.5% in 2020. The central bank, known as Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% while promising to carry out action to promote entrepreneurship. Holding […]