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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...

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...

The Institute of International Finance confirms that its annual meeting will be held in Morocco
  • 26 September 2023
  • News

he Institute of International Finance confirmed that it will go ahead with holding its annual meeting in Marrakesh on October 12 and 14, following the decision of the International Monetary Fund and t...

Morocco : Manufacturing industries: slight drop in producer prices in August
  • 25 September 2023
  • News

The producer price index for the “Manufacturing industries excluding oil refining” sector fell by 0.1% in August compared to the previous month, according to the High Commission for Planning (HCP).Thi...

Morocco - UCITS: net assets of more than MAD 563.73 billion as of September 15
  • 25 September 2023
  • News

The net assets under management of undertakings for collective investment in transferable securities (UCITS) stood at more than 563.73 billion dirhams (billion dirhams) as of September 15, up 12.55% y...

Morocco - The hard currency balance: 355.3 billion dirhams
  • 19 September 2023
  • News

The Bank of Morocco reported that the dirham exchange rate rose by 0.16 percent against the US dollar, and by 0.27 percent against the euro, during the period from 7 to 13 September.The Central Bank e...

Morocco : Expenditures for subsidizing sugar, flour, and butane gas continue to decline
  • 19 September 2023
  • News

Expenditure issues from the clearing fee, which are directed to support the prices of butane gas, sugar and soft wheat flour, reached 19 billion dirhams at the end of last August.The Kingdom's General...

Morocco : Wafa Assurance launches the “Wafa SOS” medical assistance service
  • 14 May 2023
  • News

Wafa Assurance announces the launch of an innovative medical assistance service: WAFA SOS. This service reserved for members of group health contracts on the first dirham taken out with Wafa Assurance...

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