Moroccan Central Bank Approves Saham’s Acquisition of Société Générale Subsidiary
23 November 2024
Bank Al-Maghrib has just granted the Saham group the last authorization required for the acquisition of Société Générale Maroc.
Economy
Turkish Retailer BIM Launches Major Logistics Hub in Marrakech
22 November 2024
The Turkish retail giant BIM is taking a new step in Morocco by inaugurating a state-of-the-art logistics platform in Marrakech. In the presence of the Minister of Industry and (…)
Royal Air Maroc and Brazil’s GOL Form Partnership to Enhance Brazil-Morocco Air Travel
22 November 2024
Royal Air Maroc and the Brazilian airline GOL, a heavyweight in air transport in Latin America, have just concluded a partnership that promises to facilitate travel between (…)
Renault’s Algerian Plant Struggles as Moroccan Counterpart Thrives
22 November 2024
The Renault plant in Oued Tlelat, near Oran, inaugurated with great fanfare in 2014, is going through a difficult period. At the time, this project was a source of pride for (…)
Morocco Suspends Olive Oil Import Duties Amid Production Shortfall
21 November 2024
Faced with the drop in olive production and the sharp rise in olive oil prices, Morocco is opening its doors wide to foreign olive oil.
Moroccan Hydrogen Car Startup NamX Expands to U.S. Market
21 November 2024
NamX, the automotive company founded by Faouzi Annajah, is landing in the United States! After cutting its teeth in Europe and Morocco, the company is taking on the American (…)
Falling Global Oil Prices Could Boost Morocco’s Economy, Experts Say
21 November 2024
International financial institutions, such as the World Bank, forecast a drop in oil prices and commodities in the coming months and years. This trend could have a positive (…)
Moroccan Dirham Gains Against Euro, Slips Versus Dollar
18 November 2024
The Moroccan dirham appreciated by 1.47% against the euro and depreciated by 1.06% against the US dollar during the period from November 7 to 13, according to Bank Al-Maghrib (…)
Morocco Seeks South Korean Expertise to Rebuild Commercial Fleet
17 November 2024
Morocco aims to revive its commercial fleet from the ashes. To this end, a government delegation visited South Korea, meeting with the shipbuilding giant HD Hyundai Heavy (…)
Good news for Moroccan motorists
16 November 2024
Good news for Moroccan motorists! Fuel prices will drop starting this Saturday, November 16. Let’s take a closer look.