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Tag: MOROCCO

Business

Saudi Arabia Dominates Forbes’ 2025 List of MENA’s Most Valuable Banks

March 19, 2025March 19, 2025 - by Allegra Nguyen - Leave a Comment

Saudi Arabia leads Forbes’ “30 Most Valuable Banks 2025” list with ten banks valued at $269 billion, comprising nearly a third of the total market capitalization of $600.8 billion. The …

Saudi Arabia Dominates Forbes’ 2025 List of MENA’s Most Valuable Banks Read More
Business / economics

IMF Approves $496 Million Disbursement for Morocco’s Economic Resilience

March 19, 2025March 19, 2025 - by Carmen Mendez - Leave a Comment

The IMF approved $496 million for Morocco, increasing total disbursements to $1.24 billion. The Moroccan economy shows resilience despite drought, with expected growth acceleration due to investments and reforms. Challenges …

IMF Approves $496 Million Disbursement for Morocco’s Economic Resilience Read More
Global news

Moroccan Inspector General Visits Saudi Arabia’s Anti-Terror Coalition

March 19, 2025March 19, 2025 - by Carmen Mendez - Leave a Comment

General Mohamed Berrid, Inspector General of the Moroccan Army, is visiting Saudi Arabia to enhance cooperation within the Islamic Military Counter Terrorism Coalition, following earlier adjustments in Morocco’s military engagement. …

Moroccan Inspector General Visits Saudi Arabia’s Anti-Terror Coalition Read More
economics

BAM Anticipates Increase in Morocco’s Grain Harvest Amid Drought Challenges

March 19, 2025March 19, 2025 - by Marcus Chen - Leave a Comment

Bank Al-Maghrib predicts a slight increase in Morocco’s grain harvest to 35 million quintals, lower than prior estimates and government projections. Improved rainfall has raised reservoir levels, fostering hope among …

BAM Anticipates Increase in Morocco’s Grain Harvest Amid Drought Challenges Read More
Business / economics

IMF Approves $496 Million Funding for Morocco Amid Economic Resilience

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

The IMF has sanctioned $496 million in funding for Morocco following a successful third review of its Resilience and Sustainability Facility arrangement. This funding aims to support Morocco’s transition to …

IMF Approves $496 Million Funding for Morocco Amid Economic Resilience Read More
Global news

UAE Condemns Israeli Air Strikes on Gaza Amidst Escalating Tensions

March 18, 2025March 18, 2025 - by Carmen Mendez - Leave a Comment

The United Arab Emirates has condemned the recent Israeli air strikes on Gaza, expressing concern over military escalation and its repercussions. The UAE emphasizes the need for stability and peace …

UAE Condemns Israeli Air Strikes on Gaza Amidst Escalating Tensions Read More
Business / Companies / economics

IMF Completes 2025 Article IV Review and Resilience Check in Morocco

March 18, 2025March 18, 2025 - by Liam Nguyen - Leave a Comment

The IMF completed the 2025 Article IV Consultation with Morocco, allowing a disbursement of SDR 375 million. The economy exhibited resilience despite drought, with projected GDP growth at 3.2% for …

IMF Completes 2025 Article IV Review and Resilience Check in Morocco Read More
Business / economics

Bank Al-Maghrib Reports Decline in Inflation Rates for 2024 in Morocco

March 18, 2025March 18, 2025 - by Allegra Nguyen - Leave a Comment

Bank Al-Maghrib reported a drop in inflation to 0.9% in Morocco for 2024, with projected moderate rises to around 2% in the following years. Core inflation stood at 2.2%, with …

Bank Al-Maghrib Reports Decline in Inflation Rates for 2024 in Morocco Read More
Business / Companies / economics

Morocco’s Central Bank Lowers Key Interest Rate to Stimulate Economic Growth

March 18, 2025March 18, 2025 - by Allegra Nguyen - Leave a Comment

Morocco’s Central Bank has reduced the key interest rate to 2.25%, bringing it back to 2022 levels. Inflation rose to 2% in January, but is expected to stabilize around this …

Morocco’s Central Bank Lowers Key Interest Rate to Stimulate Economic Growth Read More
Athletics

Moroccan Oumaima Smlali Honored as Best Referee at World Boxing Championship

March 18, 2025March 18, 2025 - by Carmen Mendez - Leave a Comment

Morocco’s Oumaima Smlali was named the Best Referee at the World Boxing Championship in Serbia. This accolade follows significant achievements by Moroccan boxers, including Widad Bertal’s gold medal and Hasnaa …

Moroccan Oumaima Smlali Honored as Best Referee at World Boxing Championship Read More

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