SandP Global Ratings: Positive Outlook for Morocco’s Economy
New York – SandP Global Ratings stated in its latest assessment report that the ongoing economic reforms in Morocco should engender ‘more inclusive’ and ‘more robust’ growth.
“The ongoing
Morocco Tourism Revenues Hit Record $7.4 Billion in Jan-Aug
Rabat – Morocco’s tourism revenues surged to a record 76.4 billion dirhams ($7.4 billion) during the first eight months of 2024, marking a 7% increase in cumulative revenues, according
Morocco’s Economic Growth Reaches 2.4% in Q2-2024
Rabat – The national accounts for the second quarter of 2024 show a slowdown in the growth of the national economy to 2.4%, compared with 2.5% in the same
AfDB Grants pound 70 Million Financing Facility to Morocco’s Bank of Africa to Promote African Trade
Abidjan – The Board of Directors of the African Development Bank (AfDB) Group approved a pound 70-million financing facility for Bank of Africa Maroc (BOA) to promote African trade.
Casablanca Stock Exchange Maintains Momentum, Opens in Green
Stock Exchange (Casablanca) – The Casablanca Stock Exchange started trading on the green on Monday with its benchmark index, the MASI, rising by 0.3% to 14,492.87 points.
On Friday,
Morocco’s Dirham Appreciates by 0.85% Against USD on September 19-25
Rabat – The dirham appreciated by 0.85% against the US dollar and by 0.26% against the euro, during the September 19-25 period, according to Morocco’s Central Bank, Bank Al-Maghrib
GII 2024: Morocco Ranks 1st in Industrial Design, a Success Due in Part to its Unique Intangible Capital (WIPO Chief)
Geneva – Morocco now ranks first in the world for ‘industrial designs’ in the 2024 Global Innovation Index (GII) released in Geneva on Thursday by the World Intellectual Property
Casablanca Stock Exchange Maintains Green Streak
Stock Exchange (Casablanca) – The Casablanca Stock Exchange once more closed in the green on Thursday, with its benchmark index, the MASI, gaining 0.62% to 14,370.64 points (pts).
The
Moroccan Economy to Expand 2.9% in 2024, Boosted by Manufacturing and Tourism (EBRD)
London – Morocco’s economy is expected to grow by 2.9% in 2024, driven by a resurgence in manufacturing and tourism, according to the European Bank for Reconstruction and Development
Morocco, China Explore Cooperation Opportunities in Textile Sector
Rabat – Exploring cooperation opportunities between Morocco and China in the textile sector was the focus of a strategic meeting held in Rabat on Thursday between the Minister Delegate