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Morocco Central Bank Holds Interest Rate Steady at 2.25%

Morocco Central Bank Holds Interest Rate Steady at 2.25%

Rabat — Morocco’s central bank, Bank Al Maghrib (BAM), decided Tuesday to maintain its key interest rate unchanged at 2.25%, citing inflation levels consistent with medium-term price stability goals and accelerating non-agricultural growth. BAM...

Morocco’s Central Bank Keeps Interest Rate Steady at 2.25%

Morocco’s Central Bank Keeps Interest Rate Steady at 2.25%

Morocco’s Central Bank (Bank Al-Maghrib) has maintained its benchmark interest rate unchanged at 2.25%, stating that current borrowing cost levels remain consistent with inflation expectations. In a statement issued following the quarterly meeting...

Anyansi Agwu craves govt, corporate support for Sam Okwaraji National U-16 tournament

Anyansi Agwu craves govt, corporate support for Sam Okwaraji National U-16 tournament

As preparations continue for the maiden Sam Okwaraji U-16 National Football Championship, first Vice President of Nigeria Football Federation, Chief Felix Anyansi Agwu has called on various state governments and corporate organisations to support...

Morocco tourism sector revenues reach $3.7bln in 5 months

Morocco tourism sector revenues reach $3.7bln in 5 months

Rabat: The Moroccan Ministry of Tourism announced on Tuesday that the tourism sector generated revenues estimated at 34 billion dirhams (about $3.7 billion) during the first five months of this year, an 8 percent increase compared to the same...

Morocco Accelerates Highway Construction with 1,200 Kilometers of New Routes

Morocco Accelerates Highway Construction with 1,200 Kilometers of New Routes

Rabat — Morocco is embarking on an ambitious infrastructure expansion with nearly 300 kilometers of expressways currently under construction and an additional 900 kilometers planned across various regional development projects, Equipment and Water...

Morocco’s Maritime Fleet Declines to 17 Ships, Government Plans Revival Strategy

Morocco’s Maritime Fleet Declines to 17 Ships, Government Plans Revival Strategy

Marrakech – Morocco’s maritime transport fleet has dramatically declined to just 17 vessels, down from approximately 70 ships in the 1960s and 1970s, according to Transport and Logistics Minister Abdessamad Kayouh. Kayouh made his remarks during...

Vietnam’s deal with the U.S. will complicate trade with China

Vietnam’s deal with the U.S. will complicate trade with China

The terms of a new trade deal between the United States and Vietnam underscore one of the Trump administration’s central objectives in Asia, economists and region analysts say: clamping down on trade with China. President Donald Trump said this...

Morocco, Turkiye to Boost Trade Beyond $5 Billion

Morocco, Turkiye to Boost Trade Beyond $5 Billion

Morocco and Turkiye have agreed on new measures to balance and boost trade between the two partners. In a recent meeting in Ankara, Omar Hejira, Morocco’s Secretary of State for Foreign Trade, and Mustafa Tuzcu, Turkey’s Deputy Minister of...

Global Drought Hotspots report catalogs severe suffering, economic damage

Global Drought Hotspots report catalogs severe suffering, economic damage

Fueled by climate change and relentless pressure on land and water resources, some of the most widespread and damaging drought events in recorded history have taken place since 2023, according to a UN-backed report launched on July 2. Prepared by...

Two friends of India come forward to stop China from troubling India by..., the countries are...

Two friends of India come forward to stop China from troubling India by..., the countries are...

Home News Two friends of India come forward to stop China from troubling India by…, the countries are… The Rabi season usually starts in late July. New Delhi: India has fought a different kind of war with China over the shortage of fertilizers and...

Morocco tourism sector revenues reach $3.7 billion in 5 months

Morocco tourism sector revenues reach $3.7 billion in 5 months

Rabat: The Moroccan Ministry of Tourism announced on Tuesday that the tourism sector generated revenues estimated at 34 billion dirhams (about $3.7 billion) during the first five months of this year, an 8 percent increase compared to the same...

Zoomlion’s ZCC9800W crane advances Morocco stadium construction

Zoomlion’s ZCC9800W crane advances Morocco stadium construction

Zoomlion has announced that its flagship crawler crane, the ZCC9800W, is playing a pivotal role in the construction of the Prince Moulay Abdellah Stadium in Rabat, Morocco, a key venue for the country’s 2030 FIFA World Cup. The ZCC9800W, a...

NNF VP seeks government, corporate backing for Sam Okwaraji U-16 tournament

NNF VP seeks government, corporate backing for Sam Okwaraji U-16 tournament

First Vice President of the Nigeria Football Federation (NFF), Chief Felix Anyansi Agwu, has appealed to government authorities and corporate organisations to support the upcoming Sam Okwaraji National U-16 Football Championship, aimed at...

Multisectoral Partnership Drives India-Morocco Ties Forward, More Growth on Horizon

Multisectoral Partnership Drives India-Morocco Ties Forward, More Growth on Horizon

Rabat – Guided by King Mohammed VI’s vision, Morocco’s diplomacy has positioned the North African country as a key player and a strategic partner on the global stage. Through an almost octopus-like approach to foreign policy, Morocco’s diplomacy...

Orange Middle East And Africa Releases Its 2024 Corporate Social Responsibility (CSR) Report:“Cultivating Impact” For Inclusive And Sustainable Development

Orange Middle East And Africa Releases Its 2024 Corporate Social Responsibility (CSR) Report:“Cultivating Impact” For Inclusive And Sustainable Development

(MENAFN- African Press Organization) CASABLANCA, Morocco, July 3, 2025/APO Group/ -- Orange Middle East and Africa (OMEA) ( ) unveils its 2024 Corporate Social Responsibility (CSR) report. Entitled“Cultivating Impact”, the report illustrates...

U.S.–Morocco Ag Ties Strengthened During California Almond Tour

U.S.–Morocco Ag Ties Strengthened During California Almond Tour

The Almond Board of California (ABC) recently hosted a high-level agricultural trade delegation from Morocco, marking a significant step in deepening U.S.–Moroccan relations in food and agriculture. Coordinated in partnership with the National...

Morocco holds key rate at 2.25% as inflation falls and credit rebounds

Morocco holds key rate at 2.25% as inflation falls and credit rebounds

Morocco’s central bank kept its benchmark interest rate steady at 2.25% on Tuesday, citing a sharp decline in inflation and a stronger-than-expected rebound in non-agricultural growth, while maintaining a cautious stance amid lingering global...

Appeal to help Ellesmere Port mum taken ill in Morocco return to the UK

Appeal to help Ellesmere Port mum taken ill in Morocco return to the UK

Rebecca Russell flew with her partner Sam to Morocco on Sunday, June 22, but became ill with suspected food poisoning on Tuesday (June 24). She was being violently sick and despite treatment by the hotel nurse by Friday had become delirious, and...

Morocco Ranks 7th in Arab World as Global Peace Deteriorates, Report Finds

Morocco Ranks 7th in Arab World as Global Peace Deteriorates, Report Finds

Gummersbach – The Institute for Economics and Peace (IEP) has published its 19th annual Global Peace Index (GPI), a comprehensive ranking of 163 countries and territories based on their levels of peace. Covering 99.7% of the world’s population,...

Morocco’s central bank finalizes cash strategy, pushes for mobile banking shift

Morocco’s central bank finalizes cash strategy, pushes for mobile banking shift

Governor of Bank Al-Maghrib, Abdellatif Jouahri, revealed on Tuesday that the central bank has finalized a strategic framework to address Morocco’s heavy reliance on cash. He explained that relevant stakeholders have received the proposal for...

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