The European directive announced for 2026 and aimed at unifying governance and compliance standards with foreign banks, including Moroccan banks with subsidiaries in the European Union, will significantly affect remittances from Moroccans in Europe to Morocco.
Elements of the Royal Gendarmerie are conducting an investigation after the spectacular robbery of a bank branch in the rural commune of Jemaâ Shaim, in the province of Safi. The burglars made off with 1 million dirhams.
Revolut, the British fintech giant, is said to be in the process of finalizing the administrative steps for its establishment in Morocco. Its arrival on the Moroccan market could contribute to accelerating the digitalization of financial services.
Starting a business in Morocco as a Moroccan living abroad (MRE) can be complex, especially financially. To encourage diaspora investments, the Moroccan government has set up a specific mechanism: MDM Invest, a co-financing program that allows MREs to benefit from a direct grant, under certain conditions.
The first European digital banking institution plans to expand its presence in the MENA (Middle East and North Africa) region, including the United Arab Emirates and Saudi Arabia. It will soon be established in Morocco.
Bankrupt, more than 40 agencies affiliated with MEA Finance have filed complaints for fraud, breach of trust, breach of contract and false declarations for the purpose of extortion.
The summer season, conducive to wedding ceremonies, is a favorable period for Moroccan goldsmiths who are preparing to meet strong demand. The recent drop in gold prices on international markets seems to benefit both jewelers and Moroccan consumers.
The control and recovery services of the Directorate General of Taxes (DGI) are conducting a large-scale control operation targeting thousands of companies and their managers who have made questionable cash withdrawals. The operation is bringing in a lot of money for the State.
At the Moroccan Parliament, Abdellatif Jouahri, Wali of Bank Al-Maghrib (BAM), discusses the importance of reforming the exchange rate regime.
In Casablanca, the controversy surrounding a 15 million dirham car rental market contract with a long-term rental (LTR) company belonging to a major banking group based in the economic capital is causing a stir.
Morocco has found an alternative to reduce the impact of the European directive regulating the presence of foreign banks on the territory of the European Union (EU) on the flow of transfers of Moroccans living abroad (MRE).
The Forbes Global 2000 places two Moroccan banks in its prestigious annual ranking of the world’s largest publicly traded companies.