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Tag: RABAT

Colorful depiction of Moroccan heritage featuring traditional architecture and intricate patterns.
In memoriam

Abdelhak Mrini, Historian of the Kingdom of Morocco, Dies at 91

June 4, 2025June 4, 2025 - by Marcus Chen - Leave a Comment

Abdelhak Mrini, a notable Moroccan historian and former Royal Palace spokesperson, died at 91. Born in Rabat, he held significant positions, memorized the Quran, and achieved many academic milestones throughout …

Abdelhak Mrini, Historian of the Kingdom of Morocco, Dies at 91 Read More
Climate change

Morocco’s ‘Water Highway’: A Short-Term Solution Facing Long-Term Challenges

March 31, 2025March 31, 2025 - by Allegra Nguyen - Leave a Comment

Morocco’s “water highway” project aims to redirect northern river water to alleviate urban water shortages, spending $728 million to support Rabat and Casablanca. Critics question its sustainability amid climate change, …

Morocco’s ‘Water Highway’: A Short-Term Solution Facing Long-Term Challenges Read More
Climate change

Morocco’s Water Highway: A Solution Amidst Solutions and Sustainability Concerns

March 30, 2025March 30, 2025 - by Marcus Chen - Leave a Comment

Morocco’s “water highway” redirects water from northern rivers, costing $728 million, to alleviate water shortages in Rabat and Casablanca. As drought persists, concerns regarding the project’s sustainability amid climate change …

Morocco’s Water Highway: A Solution Amidst Solutions and Sustainability Concerns Read More
Business / economics

Morocco Targets Budget Deficit Reduction Below 67% by 2027

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

Morocco plans to reduce its budget deficit under 67% by 2027, focusing on fiscal discipline and social protection. The government anticipates a decrease in the Treasury’s debt ratio, while projects …

Morocco Targets Budget Deficit Reduction Below 67% by 2027 Read More
Companies

BBVA Secures Approval for Banco Sabadell Acquisition in Morocco

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

BBVA has received approval from Morocco’s central bank for the indirect acquisition of Banco Sabadell’s local branch. This transaction allows BBVA to finalize operations in Morocco, where Banco Sabadell has …

BBVA Secures Approval for Banco Sabadell Acquisition in Morocco 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

5.1 Magnitude Earthquake Strikes Algeria, No Reported Injuries

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

A 5.1 magnitude earthquake struck Algeria’s Medea province today, causing tremors felt in Algiers and surrounding areas but resulting in no reported damage or injuries. Local authorities are inspecting infrastructure …

5.1 Magnitude Earthquake Strikes Algeria, No Reported Injuries Read More

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