New York honors Rachida Chellal for empowering immigrant women
New York honored Rachida Chellal on Wednesday for her inspiring work as president of the Moroccan American House Association (MAHA). During a ceremony organized...
No safety concerns at Bouassame Dam following heavy rainfall
A thorough inspection of the Bouassame Dam has confirmed that there are no safety risks despite the recent heavy rainfall. A team of experts...
Bank Al-Maghrib moves to legalize crypto : what’s next?
After three years of work, Bank Al-Maghrib (BAM) has officially submitted a draft law regulating digital assets to the Ministry of Finance. This announcement...
Conserverie de l’Atlas faces financial collapse after 35 years in business
After 35 years in business, Conserverie de l’Atlas, a well-known name in the canned food industry in the Marrakech region, has entered judicial recovery....
Bank Al-Maghrib launches new program to boost small business financing
Bank Al-Maghrib has introduced a new support program to facilitate bank financing for very small enterprises (VSEs), offering participating banks refinancing at a preferential...
IMF releases $496 million to Morocco as economic reforms advance
The International Monetary Fund has approved the disbursement of a third tranche of financing for Morocco under the Resilience and Sustainability Facility. This latest...
How Morocco’s banking sector is evolving with currency and interest rate swaps
The Moroccan futures market has taken a significant step forward with the launch of an interbank market for currency swaps and overnight interest rate...
Over 31,000 Moroccan bank cards for sale on the dark web
A major data breach has raised concerns in Morocco, with thousands of bank cards reportedly being sold on the dark web. According to Cypherleak,...
Bank Al-Maghrib reduces key rate as inflation remains stable
Bank Al-Maghrib has once again lowered its key interest rate, cutting it by 25 basis points to 2.25%. This marks the second consecutive reduction...
Morocco modernizes airports with automated border checks
Casablanca’s Mohammed V Airport has taken a major step forward this weekend by eliminating the double passport check, thanks to the introduction of automated...