News

IMF: Liberalizing the Moroccan dirham requires reducing inflation to 2%
  • 19 October 2023
  • News

The head of the International Monetary Fund mission to Morocco, Roberto Cardarelli, said that Morocco’s progress in reforming the dirham exchange rate system requires the fulfillment of two basic cond...

Morocco.. The Executive Board of the International Monetary Fund approves a loan worth $1.3 billion from the Resilience and Sustainability Fund
  • 29 September 2023
  • News

Yesterday, Thursday, the Executive Board of the International Monetary Fund approved a loan worth $1.3 billion to Morocco from the Resilience and Sustainability Fund.The International Financial Corpor...

Morocco : Al Haouz earthquake... All energy facilities are operating normally
  • 29 September 2023
  • News

The Ministry of Energy Transition and Sustainable Development confirmed that all energy installations are operating normally, following the earthquake that struck Al Haouz Province and neighboring pro...

The International Dates Forum in Erfoud is a distinguished interface for the development of the date palm chain in Morocco
  • 29 September 2023
  • News

The 12th session of the International Date Palm Forum in Morocco, which will be organized in Erfoud during the period between 3 and 8 next October, under the slogan “The Green Generation: New Horizons...

Morocco - Banks: liquidity requirement set at 73.5 billion DH
  • 28 September 2023
  • News

Banks' liquidity needs increased to 73.5 billion dirhams (billion dirhams) on a weekly average during the second quarter, compared to 69.6 billion dirhams a quarter earlier, reflecting an expansion of...

Morocco : OCP achieves a net profit of MAD 3.4 billion at the end of June
  • 28 September 2023
  • News

The OCP group achieved a net profit of 3.4 billion dirhams (billion dirhams) in the first half of 2023 (H1-2023), according to a press release from the group on its financial results at the end of Jun...

tunisie: Ammar, Russia's Lavrov hold press conference in Moscow
  • 27 September 2023
  • News

(TAP) - "Tunisia has always had partnership and cooperation channels with all its partners [...] it is not in Tunisia's diplomatic tradition to reject one partner for the sake of another," Minister of...

Algeria, Commerce: End of functions for the ALGEX management officer
  • 27 September 2023
  • News

The Minister of Trade and Export Promotion, Tayeb Zitouni, terminated the functions of the manager of the National Agency for the Promotion of Foreign Trade (Algex), El Houari Abdellatif, the Ennahar...

Algeria, Berrahal (Annaba): The ETRHB Haddad steel complex recovered by Sider El Hadjar
  • 27 September 2023
  • News

In April 2023, the State completely recovered the project from the ETRHB group of Ali Haddad in the wilaya of Annaba.It's official. Sider El Hadjar will recover all the equipment from the ETRHB H...

Algeria, Amended finance law of 2023: Measures to combat tax evasion by multinational companies
  • 27 September 2023
  • News

In order to fight more effectively against tax evasion in Algeria, on the part of large foreign companies, the 2023 amended finance bill makes significant changes to the provisions of the tax procedur...

Inflation in Morocco should fall significantly in 2024 (Bank Al-Maghrib)
  • 27 September 2023
  • News

Inflation should fall from 6.6% in 2022 to 6% on average in 2023, before settling at 2.6% in 2024, estimates Bank Al-Maghrib (BAM).The underlying component would experience a similar trajectory, going...

Morocco - H&S Group: two IPOs in the pipeline
  • 27 September 2023
  • News

The European Bank for Reconstruction and Development (EBRD) has just granted a loan of 380 million DH (the equivalent of 34.5 million euros) to Dislog Group. This new fundraising constitutes an a...

Attijariwafa bank promotes Sino-Moroccan economic cooperation
  • 26 September 2023
  • News

The Attijariwafa bank group co-organized, alongside its Chinese partners, the Beijing Municipal Financial Supervision Office, the representative offices in Morocco of China Exim bank and Bank of China...

Algeria, Trading: Russia opens its currency market to Algerian banks
  • 26 September 2023
  • News

In a bid to strengthen its economic position and meet the growing demand for foreign currencies, the Russian government recently took a significant step by opening its foreign exchange markets to bank...

Soft Power: what influence for Algeria in Africa and in the world?
  • 26 September 2023
  • News

If it is true that Algeria is making great efforts to regain a position as an  influential nation on the regional and continental scene , the fact remains that there is one area in whic...

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