Keywords: Dirhams


Morocco links green hydrogen drive to AI strategy

Morocco is accelerating an industrial shift in its southern regions by aligning large-scale green hydrogen projects with its national digital and artificial intelligence agenda. On 5 February 2026 in Rabat, Prime Minister Aziz Akhannouch signed preliminary land reservation agreements with national and......

Royal directives launch $3 billion relief program for flood-affected families in Morocco

Acting on Royal Directives from His Majesty King Mohammed VI, the Moroccan government has rolled out a large-scale assistance and recovery program worth an estimated 3 billion dirhams (approximately $300 million) to support families and communities affected by severe flooding over the past two months. The......

Bank Al-Maghrib reports sharp decline in counterfeit banknotes for 2024

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......

Rabat launches 41 million dirham underground parking project

As part of efforts to improve infrastructure and streamline traffic flow in Rabat, a budget of 41 million dirhams has been allocated for the redevelopment of Dades Street and Raba’a Al-Adawiya Square. This project includes the construction of a modern underground parking garage to meet the needs......

The Transformative Tiznit-Dakhla Expressway: Catalyzing Morocco's Southern Provinces

In an era where infrastructure serves as the backbone of socio-economic development, Morocco has embarked on a transformative journey with the ambitious Tiznit-Dakhla expressway project. Launched by His Majesty King Mohammed VI to commemorate the 40th anniversary of the Green March, this monumental endeavor......

Morocco Invests Billions in Cash Surpluses

The Moroccan government finds itself in a favorable financial position, boasting surplus funds that are not lying dormant. The Treasury and External Finance Department, a branch of the Ministry of Economy and Finance, took decisive action this week by channeling an impressive 20.75 billion Moroccan dirhams......

Premiums Inch Upward in Moroccan Insurance Sector

The Moroccan insurance sector witnessed a modest 1.4% increase in premiums during the first nine months of the year, as reported by the Insurance and Social Welfare Control Authority (ACAPS). By the end of September, premiums had reached 42.94 billion Moroccan dirhams. In the third quarter alone, premiums......