Keywords: Financial Services


Morocco's new fintech hub aims to transform digital finance landscape

Morocco has marked a significant milestone in its financial technology sector with the launch of the Morocco Fintech Center (MFC) in Rabat. The center's inaugural board meeting, chaired by Bank Al-Maghrib Governor Abdellatif Jouahri, signals a coordinated push to advance the country's digital......

QIB Recognized as Best Islamic Bank in the GCC for 2024

The Qatar Islamic Bank (QIB) was honored with the prestigious title of "Best Islamic Bank in the Gulf Cooperation Council (GCC) for 2024," awarded by the International Union of Arab Bankers (IUAB) this past Saturday. This award highlights QIB's leading position in providing banking services......

Moroccan Banks Announce Exceptional Year-End Weekend Operations for 2024

The Moroccan Professional Group of Banks (GPBM) has unveiled plans to keep banks open during the final weekend of 2024, marking a notable departure from standard banking hours. This exceptional measure, announced on Thursday, will see banks operating on December 28-29, 2024. The initiative is designed......

Morocco's Bank Al-Maghrib: A Bold Move to Cap Electronic Transaction Fees

In a significant development, Morocco's central bank, Bank Al-Maghrib, has taken a decisive step to regulate the fees charged for electronic transactions, setting a cap at 0.65% of the transaction value. This move, announced recently, aims to foster a more inclusive and accessible financial ecosystem,......

Saham Group's Strategic Move: Acquiring Société Générale Maroc

In a significant development for Morocco's financial sector, the Saham Group has received the green light to acquire Société Générale Maroc, a prominent banking institution. This strategic move, approved by the country's regulatory authorities, marks a pivotal moment......

Trump Unveils Ambitious Plan to Make U.S. the Global Crypto Hub

Republican presidential nominee Donald Trump has announced an ambitious plan to position the United States as the "crypto capital of the planet." In a video shared with his 90 million followers on X, Trump stated, "This afternoon, I’m laying out my plan to ensure that the United......

Renault Group Taps Industry Veteran to Steer Moroccan Operations

In a significant move to bolster its presence in the North African market, Renault Group has appointed Thibault Paland as the new Managing Director of Renault Commerce Morocco and Head of Dacia Maroc, effective July 1, 2024. This strategic decision underscores the French automaker's commitment to......

Morocco Embraces Digital Commerce Renaissance Through Powerful Tri-Force Pact

In a bold move to propel Morocco's commercial landscape into the digital era, the Ministry of Industry and Trade has joined forces with financial heavyweight BCP and its payment subsidiary M2T. This powerful tri-force pact, unveiled today, sets the stage for a renaissance in Moroccan trade driven......

CASHPLUS Unveils Transformative 'LifePlus' Strategic Plan: Pioneering an Inclusive Financial Future

In a groundbreaking move, CASHPLUS, the leading financial services provider and prominent FinTech player in Morocco, unveiled its ambitious 'LifePlus' strategic plan at a high-profile press conference yesterday. The event brought together an array of opinion leaders, technology experts, financial......