Keywords: Banque


Enhancing Morocco's Water Sector with a €400 Million Investment

Morocco, facing its most severe drought in decades, is set to receive a substantial financial boost from the European Bank for Reconstruction and Development (EBRD). This article discusses the implications of the EBRD's €400 million investment in upgrading Morocco's water infrastructure......

Mosaic Communication: Double Accolades for Creative Campaigns and Event Excellence

Casablanca, Morocco - Mosaic Communication, a leading communications agency, received dual honors, clinching two prestigious "Etoiles" at the 7th edition of "Les Impériales", an esteemed annual awards gala uniting Morocco's advertising and marketing sectors. The agency's......

Challenges Persist for Morocco's Economic Growth Amidst High Inflation and Unemployment

Morocco's economic outlook remains moderate, but the nation grapples with persistent challenges of inflation and unemployment, hindering its socioeconomic progress, as noted by analysts. According to the Africa Development Bank, GDP growth is expected to increase from an estimated 3% this year to......

Morocco and World Bank Pledge to Strengthen Financial Cooperation

Morocco's economy and financial sector are poised for further enhancement, as Rabat and the World Bank affirm their dedication to elevating their partnership. During a meeting between Morocco's Finance Minister, Nadia Fettah Alaoui, and World Bank Vice President, Ferid Belhaj, both parties celebrated......

EIB Invests €115 Million in Advancing Sustainable Technology Parks in Morocco

This significant initiative aligns with the Moroccan government’s new economic model and industrial acceleration strategy aimed at positioning Morocco as a leader in sustainable development. MEDZ, the wholly-owned regional development subsidiary of Morocco’s CDG Group, is set to receive €115......

Morocco Aims for 10% Green Share in Central Bank Reserves

In a significant move towards sustainability, Morocco is charting a green course with its central bank spearheading the effort. Abdellatif Jouahri, the governor of Bank Al-Maghrib, Morocco's central bank, announced on Friday the ambitious goal of increasing the allocation of foreign currency reserves......

Industrial Renaissance: Moroccan Manufacturing Strengthens in December 2023

In the latest monthly business trend survey by Bank Al-Maghrib (BAM), Morocco's manufacturing sector showcased significant improvements in December 2023. The survey reveals a notable surge in production across most industries, with only the "mechanical and metallurgy" sector experiencing......

Embarking on a Sacred Journey: Morocco Unveils Online Registration for the 2025 Hajj Pilgrimage

This week, Moroccans will have the exceptional opportunity to embark on a spiritual journey of a lifetime as the Moroccan Ministry of Islamic Affairs unveils electronic registration for the 2025 Hajj pilgrimage to Mecca. Commencing on February 5th, eligible citizens aged 18 and above, who have not undertaken......

Rabat to Host 22nd Annual Meeting of OIC Economic Advisors in Morocco

Rabat, the vibrant city, is eagerly preparing to host the 22nd annual gathering of esteemed Economic Advisors representing the Member States of the Organization of Islamic Cooperation (OIC) accredited to Morocco. The highly anticipated event, scheduled for the upcoming Monday, is proudly announced by......