Morocco’s new car market booms with double-digit growth in october 2024
The new car market in Morocco is charging ahead, showing impressive growth as of the end of October. The latest figures from the Moroccan Vehicle Importers Association (AIVAM) reveal a surge in both consumer...
Morocco’s cement market soars by 8.2% amid building and infrastructure boom
Cement deliveries in Morocco have reached a remarkable 11.12 million tons by the end of October 2024, marking an 8.24% increase compared to the same period last year, reports the Association Professionnelle des Cimentiers...
International capital fuels growth in Moroccan bonds, stocks, and mutual funds
Morocco’s capital markets saw a strong influx of foreign investment in 2023, driven by renewed confidence in the Casablanca Stock Exchange and demand for Moroccan Treasury bonds, according to the latest report from the...
‘Court of Accounts’ 2025 budget prioritizes digital tools, security enhancements
The Court of Accounts of Morocco is pressing forward with its strategic goals for digital transformation, aiming to establish greater professionalism and transparency in its judicial reforms. Speaking in Rabat on Monday, the Court’s...
Tanger Med poised for major expansion in global trade network
Tanger Med, the largest industrial and port complex in the Mediterranean, is about to take a significant leap forward. Thanks to a strategic partnership with the International Finance Corporation (IFC) and the Multilateral Investment...
Moroccan liquidity indicators rise, Bank Al-Maghrib adjusts interventions
Liquidity on Morocco’s money market continues its upward trend, reaching new highs by the end of Q3 2024, according to Attijari Global Research’s recent “Weekly Hebdo Taux – Fixed Income” report covering October 25-31....
Foreign investment in Moroccan mutual funds climbs by 37.6%
Foreign investment in Moroccan mutual funds, known as OPCVM (Organismes de Placement Collectif en Valeurs Mobilières), rose significantly in 2023, totaling 3.5 billion dirhams (MAD), up from 2.5 billion MAD in 2022—a 37.6% increase,...
Mohammed V Airport unveils advanced systems as new director appointed
Today, November 4, Adel El Fakir, Director General of the National Airports Authority (ONDA), appointed Hicham Rahil as the new Director of Casablanca Mohammed V Airport. With two decades of experience at ONDA, Rahil...
UM6P becomes first African university to launch ChatGPT Edu
The Mohammed VI Polytechnic University (UM6P) has taken a pioneering step in higher education by launching "ChatGPT Edu," a tailored version of OpenAI’s powerful language model. This makes UM6P the first African university to...
Record tourism and remittances drive Morocco’s economic growth (Akhannouch)
Prime Minister Aziz Akhannouch highlighted Morocco’s recent economic success, particularly in tourism and remittances, during a parliamentary session on external trade’s role in the country’s development. As of September 2024, Morocco’s travel revenues reached...