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Netflix Crowned King of Streaming Despite Tumultuous Year

In the midst of a turbulent 2022, Netflix has emerged triumphant as the reigning champion in the streaming industry, as declared by the Bank of America. For an extended period, Netflix comfortably held its dominion over the streaming landscape. However, formidable challengers such as Prime Video, Disney+,......

Echoes of Inclusion: MENA Leaders Deliberate Strategies for Equitable Economic Growth

Esteemed economists and policymakers from the Middle East and North Africa convened in Cairo this week to formulate plans aimed at promoting inclusive development within the region. This high-level seminar sought to build upon the momentum generated during last fall's "Call for Action,"......

Spain's Inflation Ends 2023 on a Positive Note

Madrid - Spain received encouraging economic news to kick off 2023, as the country's inflation rate exhibited further signs of moderation in December. According to data released on Friday by the National Statistics Institute (INE), consumer prices rose by 3.1% year-over-year last month, a decrease......

Morocco's Tanger Med Port Launches $714 Million Expansion Supported by World Bank

Morocco's Tanger Med Port is set to undergo a substantial $714 million expansion, bolstered by funding from the World Bank, as it targets growth and enhanced global competitiveness. The state-owned Tanger Med Port Authority aims to extend capacity, modernize facilities, and solidify its position......

Abdellatif Jouahri Recognized as Best Central Banker in Africa

Abdellatif Jouahri, the Governor of Bank Al-Maghrib, has been honored as the "Best Central Banker in Africa for 2024" by "The Banker," a London-based financial and international affairs magazine affiliated with "The Financial Times" group. The prestigious "The Banker's......

Moroccan Business Outlook: Over 30% Anticipate Growth in Upcoming Quarter

In a glimpse into the Moroccan market's future, a recent survey conducted by Bank Al-Maghrib, the country's central bank, reveals that more than one-third of business owners (34%) are optimistic about improved market conditions in the next three months. This survey, conducted in November, provides......

Moroccan Diaspora Remittances Exceed $10.65 Billion in November, Bolstering Economic Resilience

In a promising development for Morocco's economy, new data from the Exchange Office reveals that remittances from the Moroccan diaspora have reached an impressive MAD 105.4 billion, equivalent to $10.65 billion as of November. This figure represents a notable 4.4% increase compared to the same period......

Spanish Prime Minister Appoints Carlos Cuerpo as New Economy Minister, Ensuring Continuity in Economic Policy

In a strategic move aimed at ensuring a seamless continuation of economic policies, Spanish Prime Minister Pedro Sanchez has announced the appointment of Carlos Cuerpo as the new economy minister. This decision follows the departure of Nadia Calvino, the outgoing minister, who is set to take on the leadership......

AMMC Documents Update to Attijariwafa Bank's Certificate of Deposit Program

In a significant development, the Moroccan Capital Market Authority (AMMC) has officially recorded the latest update to Attijariwafa Bank's certificate of deposit (CD) issuance program. This momentous event, documented on December 28, 2023, under the reference EN/EM/038/2023, encompasses several......