Moroccan conglomerate Holmarcom is set to deepen the shift toward local ownership in the kingdom’s banking sector with its planned acquisition of BMCI from France’s BNP Paribas, in a deal that underscores the exit of the last French bank from Morocco’s retail lending. After completion of regulatory requirements, Holmarcom plans to merge BMCI with Crédit […]
Tag: Morocco
US Defense Secretary Hegseth Hails Morocco as America’s Top African Military Partner
United States Secretary of Defense Pete Hegseth praised Morocco as America’s foremost partner on the African continent, and describing the kingdom’s engagement with the African Lion 2026 military exercises as exceptional and enduring. There is no better host for the continent’s largest multinational military exercise, he said. Speaking by video link during a ceremony held […]
Stellantis Supports Morocco’s Circular Economy with Opening of Facility Specialized in Vehicles’ Dismantling & Parts Reuse
Stellantis, a multinational automotive manufacturing Corporation, has opened in Casablanca a center dedicated to vehicle dismantling and parts reuse. The €1.6 million facility supports Morocco’s sustainable ecosystem by extending product lifespan, reducing environmental impact and optimizing the use of resources across the automotive value chain. The new site is the first of its kind for the […]
Rabat & Seoul Discuss Comprehensive Economic Partnership Agreement
Korea and Morocco have agreed to launch negotiations on comprehensive economic partnership agreement (CEPA) to boost economic cooperation, trade and investment, said Korean news agency Yonhap. The CEPA talks were discussed during the virtual meeting held Wednesday between Trade Minister Yeo Han-koo and Omar Hejira, Morocco’s secretary of state for industry and trade. Yeo Han-koo […]
Morocco’s Approach in the Fight against Terrorism, Extremism Highlighted in Vienna
Morocco’s approach in the fight against terrorism and extremism was highlighted in Vienna before the 23rd regional meeting of heads of intelligence and security services. The approach was detailed by Director General of National Security and Territorial Surveillance (DGSN-DGST) Abdellatif Hammouchi, who is participating in the regional meeting, alongside security and intelligence officials from the […]
Strong Tax Revenues Give Morocco’s Treasury Room to Breathe Through 2026
Morocco’s public finances entered the second quarter of 2026 in considerably better shape than a year earlier, driven by robust first-quarter tax receipts that have allowed the Treasury to reduce its reliance on the domestic bond market and to approach its funding strategy from a position of relative comfort. According to an analysis published by […]
CNDH Uses Illustrated Stories to Teach Children About Digital Safety at Rabat Book Fair
Morocco’s National Human Rights Council has released a new illustrated story collection aimed at equipping children and teenagers with the tools to navigate the digital world more safely, unveiled at its Rights Pavilion at the International Publishing and Book Fair in Rabat, known as SIEL 2026. The fair, which runs from May 1 to 10 […]
Morocco Pleads for Leadership by Example in Implementing Global Migration Compact
Morocco pleaded, Tuesday at the United Nations Headquarters in New York, for adopting an approach based on “leadership by example” for the implementation of the Global Compact for Safe, Orderly and Regular Migration, approved in Marrakech in 2018. As part of its participation in the second International Migration Review Forum, held May 5 – 8, […]
Morocco to Scale Up Fuel Storage Capacity by over 1.5 Mln m3 by 2030
Morocco is planning to scale up its strategic fuel storage reserve capacity by more than 1.5 million cubic metres by 2030 to counter major disruptions in global oil and gas supply amid the Middle East conflict. The announcement has been made by Minister of Energy Transition Leila Benali at the Parliament. She said $600 million […]
Morocco & Norway Agree on Cooperation Roadmap to Cut Greenhouse Gas Emissions
Morocco and Norway have agreed to strengthen their cooperation in carbon market mechanisms which enable governments to trade greenhouse gas emission credits through carbon pricing with the aim of achieving climate targets. The agreement was sealed during a videoconference meeting held Tuesday by Moroccan Minister of Energy Transition Leila Benali with Norway minister of Climate […]









