Crédit du Maroc and Mastercard partner to propel digital transformation in Morocco
Crédit du Maroc and Mastercard have entered into a strategic partnership to introduce cutting-edge technologies, accelerate the bank’s digital transformation, and offer tailored solutions...
Morocco, a key hub for Stellantis’ automotive investments (Spanish newspaper)
Morocco has become a prime destination for automotive giant Stellantis, according to the Spanish specialized magazine Híbridos y Eléctricos. In response to growing competition,...
CNOPS board approves AMO public sector accounts certification and urges reforms
The Board of Directors of the National Fund for Social Security Organizations (CNOPS) has approved the unreserved certification of the AMO Public Sector accounts...
Key highlights from AMMC’s Q1 2024 report on stock market
The Moroccan Capital Market Authority (AMMC) has released its report on the profile of stock market investors for the first quarter of 2024, revealing...
Bank credit in Morocco reaches 1.096.9 billion dirhams by May 2024
Bank credit in Morocco has climbed to 1.096.9 billion dirhams (MMDH) by the end of May 2024, reflecting an annual increase of 4.6%, as...
BANK OF AFRICA crowned Morocco’s most beloved brand in the “Brand Africa 100”
On June 26, 2024, BANK OF AFRICA was honored as the most appreciated Moroccan financial services brand in the prestigious Brand Africa 100 rankings....
Hassan Laaziri takes the helm at AMIC
The Moroccan Private Equity Association (AMIC) has announced the appointment of a new Board of Directors, unanimously electing Hassan Laaziri as the new President....
Key highlights from Bank Al-Maghrib’s weekly indicators (June 20-26, 2024)
1. Dirham appreciation
The Moroccan dirham appreciated by 0.9% against the euro and by 0.37% against the US dollar during this period.
2. Foreign exchange...
Morocco’s money supply grows by 4.3% in May
According to Bank Al-Maghrib (BAM), Morocco's money supply, measured by the M3 aggregate, reached 1.779.6 billion dirhams in May, marking a 4.3% year-on-year increase,...
Moroccan tax audits yield 5.8 billion dirhams in 2023 !
The General Directorate of Taxes (DGI) has announced that on-site tax audits in 2023, covering 5,793 cases, generated a substantial revenue of 5.8 billion...