Akdital approves capital increase of up to 1 billion dirhams
Akdital's General Assembly has authorized a capital increase of up to 1 billion dirhams, including the issuance premium. This decision involves the removal of...
Amazon hit with $5.9 million fine over controversial warehouse quotas
Amazon, the online retail giant, has been slapped with a $5.9 million fine for imposing costly production quotas in its warehouses, according to an...
Khenifra: A new musical conservatory honors amazigh virtuoso Mohamed Rouicha
The newly inaugurated conservatory of music and choreographic arts, named in honor of the late virtuoso of Amazigh music, Mohamed Rouicha, is blossoming into...
Investors alert: Attijariwafa Bank launches major bond offering
Attijariwafa Bank is gearing up to raise 1 billion dirhams through the issuance of a subordinated bond loan. This initiative, greenlit by the Moroccan...
Royal Eid Al-Adha ceremony to be held at Hassan II Mosque in Tetouan
The Ministry of the Royal Household, Protocol, and Chancellery is pleased to announce that His Majesty King Mohammed VI, Amir Al Mouminine, will perform...
His Majesty King Mohammed VI’s Eid Al-Adha messages to islamic leaders
In celebration of Eid Al-Adha, His Majesty King Mohammed VI, Amir Al-Mouminine, has extended warm greetings and congratulations to his counterparts—Majesties, Excellencies, and Highnesses,...
RADEEMA invests 3 billion dirhams in Marrakech infrastructure over nine years
The Autonomous Water and Electricity Distribution Authority of Marrakech (RADEEMA) has invested nearly 3 billion dirhams (MMDH) from 2014 to 2023, with over 360...
Dirham strengthens against the dollar, reaching a five-month high
The Moroccan dirham strengthened against the US dollar, trading at 9.87 compared to 9.95 during the period from June 3 to June 7, marking...
Financial investors expect Bank Al-Maghrib to maintain key interest rate
Financial investors anticipate that Bank Al-Maghrib (BAM) will keep its key interest rate unchanged during the upcoming monetary policy meeting scheduled for June 25,...
Morocco’s customs controls generate over 4.7 billion dirhams in 2023
Customs controls on imports have generated additional revenues exceeding 4.7 billion dirhams (MMDH) during the 2023 fiscal year, according to the Administration of Customs...