BAM.. Bank Credit Increased by 3% in July
Bank credit in the non-financial sector increased, year-on-year, by 3% last July after 4.1% a month earlier, said Bank Al-Maghrib (BAM-central bank).
This development reflects...
Bitcoin Price Surpasses $50,000 First Time since May 15
The price of the Bitcoin cryptocurrency was going up over 2.5 percent in the early hours of Monday, briefly surpassing the $50,000 mark. Data...
Global Airlines Had Worst Year During 2020 COVID-19 Crisis
Domestic and international airlines underwent the worst year on record in 2020, as the coronavirus pandemic decreased passenger traffic by more than 60 percent...
King Mohammed VI Congratulates Olympic Champion Soufiane El Bakkali
King Mohammed VI sent a message of congratulations to Olympic athlete Soufiane El Bakkali, who won on Monday the gold medal in the 3,000...
Central Bank.. Budget Deficit Increased to 7.6% of GDP in 2020
The economic crisis triggered by the Covid-19 virus weighed heavily on public finances in 2020, with the budget deficit increasing sharply to 7.6 percent...
Abdeslam Ahizoune Re-appointed as Head of Maroc Telecom’s Board
The Supervisory Board of Maroc Telecom decided, during its meeting of February 18, to renew for two additional years, until March 1, 2023, the...
Tangier Med: Acquisition of 35% Stake in Capital of Marsa Maroc
The State will transfer, in favor of the Tangier Med group, a strategic stake of 35% of the share capital of the "Société d'Exploitation...
Sustainable Phosphorus Management: OCP Group Joins ESPP
OCP Group, a leading global producer of phosphate and fertilizer, joined the European Sustainable Phosphorus Platform (ESPP) to promote sustainable phosphorus management.
"The group will...
Anas Sefrioui denies the allegations of the company EPC Morocco !
In a dishonest attempt at disinformation, EPC Morocco has sought to damage the reputation of the Sefrioui family through a communication supported by deliberately...
IFC enters into the capital of Holmarcom Insurance Activities
Holmarcom has concluded, with the International Finance Corporation (IFC), member of the World Bank Group, a partnership by virtue of which this institution acquires...