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Keywords: Finance
At the 20th African Ministerial Conference on the Environment (AMCEN-20) in Nairobi, Morocco introduced a bold framework to help African countries access climate finance and transition to greener economies. The initiative is anchored in governance, innovation, and equity, aiming to reshape the continent’s......
Tanger Med, Morocco's largest port and a critical logistics hub in the Mediterranean region, has unveiled a $500 million (MAD 5 billion) project to expand its dedicated truck terminal. The initiative aims to double the terminal's capacity, aligning with the surge in Morocco's trade activity,......
Morocco and the European Union (EU) have reaffirmed their strategic partnership to drive the development of carbon markets in Africa, a collaboration highlighted during the seminar “Scaling up the carbon market in Africa: shaping fair and effective markets.” Patricia Lombard-Cosack, the EU......
A growing movement among Brics nations to reduce reliance on the US dollar in global trade is challenging longstanding American financial dominance. By adopting local currencies for international transactions, the alliance of emerging economies is reshaping the global financial landscape and provoking......
Abdellatif Jouahri, Governor of Bank Al-Maghrib (BAM), Morocco’s Central Bank, emphasized the importance of international collaboration in advancing Islamic finance during the 23rd Forum on Islamic Financial Stability held in Rabat. The event, organized by BAM and the Islamic Financial Services......
Moroccan footballer Hakim Ziyech is embroiled in a financial controversy in Turkey, with Turkish authorities revealing an unpaid tax debt of approximately $720,000. The issue stems from Ziyech’s tenure with Istanbul-based football club Galatasaray, which he left during the 2023–2024 winter......
Morocco has taken a bold step in promoting women’s economic empowerment through the launch of the WE Finance Code initiative. Spearheaded by Bank Al-Maghrib (BAM), the European Bank for Reconstruction and Development (EBRD), and the International Finance Corporation (IFC), the initiative aims to......
Morocco's tax revenues reached unprecedented levels in 2024, with net collections amounting to MAD 220.52 billion ($24.23 billion), as revealed by the General Directorate of Taxes (DGI) in its annual report. This figure marks a 16% increase from the previous year and represents 111% of the targets......
Two prominent Moroccan banks, Attijariwafa Bank and Banque Centrale Populaire (BCP), have secured spots in the esteemed Forbes Global 2000 ranking of the world’s largest publicly traded companies for 2025. Attijariwafa Bank, under the leadership of CEO Mohamed El Kettani, ranks 979th globally,......