Tax windfall: Morocco’s customs bring in 144.8 billion dirhams

Customs revenues exceed 51.8 billion dirhams in first seven months

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In a significant financial upswing, Morocco's net customs revenues have surpassed 51.8 billion dirhams during the first seven months of 2024, marking a 9.6%...
OCP mining arm partners with EDF and UM6P to power green hydrogen push

AMMC approves OCP SA’s updated treasury bill issuance program

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On Friday, the Moroccan Capital Market Authority (AMMC) granted approval for the annual update of OCP SA’s information dossier related to its treasury bill...

Morocco’s bank credit reaches 1.1 trillion dirhams by june 2024

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Here are the 5 key highlights from Bank Al-Maghrib's june 2024 "credit-deposits" dashboard: Bank credit growth: By the end of June 2024, total bank...

Real estate Mourabaha financing reaches 23.1 billion dirhams

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The real estate financing sector, particularly through "Mourabaha" contracts, continues its upward trajectory, reaching 23.1 billion dirhams by the end of June, up from...

Spanish sports daily “AS”: Morocco becomes African football powerhouse

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Morocco has made history by claiming the bronze medal in men’s football at the Paris Olympics, decisively defeating Egypt 6-0 on Thursday. This landmark...

Dr. Lahcen Haddad appointed to Harvard Business review advisory board

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Dr. Lahcen Haddad, a distinguished author and expert in management, entrepreneurship, economics, and finance, has been appointed to the prestigious Advisory Council of the...

Anouar Invest transforms former auto plant into modern biscuit factory

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Less than a year after acquiring the former All Parts Industries automotive accessories factory in Had Soualem, Anouar Invest has fully transformed the site...

Visa-free travel between Morocco and Azerbaijan begins august 28

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The Embassy of Morocco in Azerbaijan has officially announced that starting August 28, a new visa exemption agreement will take effect, allowing citizens of...

Aradei Capital announces second major capital increase of 2024

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Aradei Capital, continuing its strong momentum from earlier this year, has announced plans for a second major capital increase in 2024, aiming to raise...

Ocean Network Express expands into Morocco with new joint venture

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Ocean Network Express (ONE), a global leader in maritime transport, has expanded its presence into Morocco by creating a new joint venture, Ocean Network...

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