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Japanese prime minister's resignation sparks stock market surge amid hopes for economic stimulus

The resignation of Japan’s Prime Minister Shigeru Ishiba has triggered a rally in Asian markets, driven by optimism over potential fiscal stimulus under his successor. The announcement overshadowed weaker-than-expected Chinese export data, as investors shifted focus to the likelihood of more accommodative......

Attijariwafa Bank names Rachid Kettani as deputy CEO, focusing on retail banking

Attijariwafa Bank Group has appointed Rachid Kettani as its new Deputy Chief Executive Officer, entrusting him with the leadership of the retail banking division. Kettani takes over from Hassan Bertal, marking a new chapter in the bank's strategic direction. A seasoned professional with over two......

Casablanca stock exchange starts strong as MASI gains 0.24%

The Casablanca Stock Exchange (CSE) opened today on a positive trajectory, continuing its steady upward trend. The benchmark MASI index climbed 0.24% to reach 20,193.98 points, signaling continued investor confidence in the Moroccan market. The MASI 20 index, which tracks the 20 most liquid companies......

Abdellatif Jouahri ranks among world’s top central bank governors in 2025

Abdellatif Jouahri, Wali of Bank Al-Maghrib (BAM), has been recognized as one of the world’s leading central bank governors in the 2025 Central Banker Report Cards by the prestigious American financial magazine Global Finance. Jouahri received an “A” rating, placing him in an elite......

Morocco's digital leap: e-Dirham aims to modernize finance and boost regional influence

Morocco’s central bank, Bank Al-Maghrib (BAM), is spearheading the introduction of the e-Dirham, a Central Bank Digital Currency (CBDC) designed to accelerate the nation’s digital transformation. This initiative seeks to enhance financial inclusion, modernize payment systems, and establish......

Israeli police seize nearly €400,000 in West Bank over alleged terrorism financing

Israeli police announced on Wednesday the confiscation of about 1.5 million shekels (more than €385,000) during an operation in the occupied West Bank, claiming the funds were linked to terrorism financing. According to police, the money was seized in cooperation with the Border Police and the......

Morocco secures $200 million AIIB loan to combat climate risks

The Asian Infrastructure Investment Bank (AIIB) has approved a $200 million loan to enhance Morocco's resilience to climate change, the Chinese Embassy in Morocco announced on Tuesday. The funding will support Morocco’s Nationally Determined Contribution (NDC) program, a cornerstone of the......

BDS France criticizes Jamel Debbouze’s restaurant for serving Israeli wines

France’s chapter of the Boycott, Divestment, and Sanctions (BDS) movement has sharply criticized “Dar Mima,” the upscale Moroccan restaurant co-founded by Moroccan-French actor Jamel Debbouze in Paris, for including Israeli wines on its menu. The controversy highlights the restaurant’s......

Morocco secures €202 million to modernize Casablanca's rail network

Morocco’s National Railway Office (ONCF) has secured €202 million in financing from Germany's KfW Development Bank to upgrade the Greater Casablanca railway network. This funding follows a $350 million loan approved by the World Bank in June, both supporting the “Service Intra-métropolitain......