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Keywords: Performance


Morocco’s Economy Sees Robust Growth as GDP Climbs 10% in 2023

Morocco's economy demonstrated significant resilience and growth in 2023, with the nation’s Gross Domestic Product (GDP) reaching MAD 1.463 trillion (approximately $146 billion USD), marking a 10% increase compared to the previous year, according to the High Commission for Planning (HCP). Economic......

Nomura Bank CEO Voluntarily Reduces Pay Following Employee Misconduct Incident

The CEO of Japan's largest investment bank, Nomura, has taken a significant step to address the fallout from a serious incident involving a former employee. Kentaro Okuda, who has been at the helm of Nomura since 2020, announced a voluntary 30% reduction in his salary over the next three months.......

fghSociété Générale Maroc Reports Steady Profits Through September 2024

Société Générale Maroc has announced nearly stable financial results as of September 30, 2024. Despite slight contractions in certain areas, the bank has demonstrated resilience and growth in key financial indicators.  Credit and Deposits Performance   As of the......

Manchester United Parts Ways with Erik ten Hag Amid Disappointing Season

In a significant shift for the club, Manchester United has announced the dismissal of manager Erik ten Hag following a lackluster start to the Premier League season. The decision was made official on Monday, just hours after the team suffered a 2-1 defeat against West Ham United, leaving them languishing......

Visually Impaired Orchestra Set to Dazzle at Oman's Royal Opera House

The Al Nour Wal Amal Orchestra, a groundbreaking ensemble of visually impaired women musicians, is poised to make history with their upcoming performance at the Royal Opera House Muscat on Thursday, October 17, 2024. This landmark event not only showcases the extraordinary talents of these remarkable......

Moroccan Dirham Holds Steady Against Euro, Dips Against US Dollar

The MASI Index Drops by 1.8%, Reflecting Market Volatility The Moroccan dirham maintained its stability against the euro but experienced a 1.17% depreciation against the US dollar between September 26 and October 2. This fluctuation underscores the ongoing dynamics in the global currency market and......

Morocco's Tourism Sector Soars: Record-Breaking Foreign Currency Revenues in 2024

Morocco's tourism industry has achieved unprecedented success, with foreign currency revenues reaching a record high of MAD 17 billion (approximately $1.74 billion) in August 2024. This remarkable performance represents a significant 20% increase compared to the same period last year, according to......

Unveiling the Facts: A Comprehensive Analysis of the Vance-Walz Vice Presidential Debate

In a highly anticipated political showdown, Vice Presidential candidates JD Vance and Tim Walz engaged in a spirited debate, tackling a range of critical issues from foreign policy to economic reforms. This article delves into the key fact-checks surrounding their statements, offering an insightful analysis......

Morocco's Economic Resilience Tested: Mixed Sector Performance in Q2 2024

Morocco's economy faced a challenging landscape in the second quarter of 2024, with growth slowing to 2.4%, down from 2.5% in the same period last year. This slight deceleration masks significant shifts across various sectors, painting a complex picture of the nation's economic health. Primary......