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Keywords: BANQUE
Bank Al-Maghrib (BAM) has announced a significant reduction in the rate of counterfeit banknotes in circulation for 2024, marking a major achievement in Morocco’s ongoing efforts to combat counterfeiting. The rate dropped to 1.5 counterfeit notes per million banknotes, a considerable improvement......
Morocco’s Ministry of Tourism has announced a significant expansion of its Tourism Project Bank, which now includes over 900 initiatives spanning 60 provinces. Initially launched with 200 projects, the initiative aims to transform Morocco into a global tourism destination by fostering investment......
Oil prices have plummeted amid growing forecasts of a historic supply surplus extending into 2027, raising concerns among investors and analysts about prolonged market imbalance. Despite geopolitical uncertainties, the market is bracing for a significant glut driven by supply outpacing demand at an unprecedented......
Al Barid Bank and Taptap Send have established a strategic partnership to enhance international money transfer services to Morocco, offering a fast, secure, and cost-effective solution for the Moroccan diaspora. This collaboration enables Moroccans residing in Europe, North America, Australia, the United......
Nvidia has directly confronted mounting fears of an AI bubble and questions about its financial health by distributing a detailed seven-page letter to major global shareholders. The letter, personally overseen by CEO Jensen Huang, comes in the wake of a week-long decline in Nvidia’s......
Japanese government bond yields retreated from their highest marks in 17 years following the approval of a substantial 21.3 trillion yen ($135 billion) economic stimulus package by Prime Minister Sanae Takaichi's cabinet. The stimulus aims to support economic growth and ease inflationary pressures,......
Morocco has authorized 300 marine aquaculture farms, marking a significant step in the country’s efforts to develop its blue economy. Government spokesperson Mustapha Baitas announced the approval following the weekly Government Council meeting, where draft decree No. 2.24.830 was adopted. The......
Singapore has announced financial sanctions and entry bans against four Israeli settlers accused of committing severe acts of violence against Palestinians in the West Bank. The city-state's Ministry of Foreign Affairs highlighted that these actions violated international law and undermined the prospects......
Al Barid Bank has unveiled its new Visa Business card, a strategic initiative aimed at supporting Morocco’s professionals, entrepreneurs, and small business owners. This launch comes as the country’s digital economy accelerates, offering a robust financial tool tailored to the unique needs......