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    August 13, 2022

    BAM: Morocco’s Household Debt, Loans Rise Amid Economic Crisis

    Casablanca - With the price hike crisis in Morocco, household bank loans have increased by 3.6% in the first half of 2022, against 3.3% previously, totaling more than MAD 376 billion ($36.5 billion), according to Bank Al-Maghrib’s (BAM) latest statistics.


    August 13, 2022

    Nearly 15% of Moroccan Youth Have Not Received Any Formal Education

    Rabat - Almost 15% of Morocco’s young population aged between 15 to 24 hold no academic or vocational training degrees. According to a recent report from Morocco’s Higher Commission for Planning (HCP), a state research institution, only a fifth of Morocco’s young population hold academic degrees. The bulk of Morocco’s youth population, around 64% of young people hold high school degrees or lower qualifications, the report says. Published on international youth day, the report shows that 26% of Morocco’s......

    August 13, 2022

    TGR: Morocco’s Customs Revenue Climbed by 24.9% in Late July 2022

    Casablanca - Morocco’s net customs revenue amounted to roughly MAD 49 billion ($4.7 billion) in the first seven months of this year, a 24.9% increase over the same period last year, according to Morocco’s General Treasury (TGR).


    August 13, 2022

    First Edition of LCOY Morocco Engages Youth in Climate Action

    Rabat - The UM6P’s Green Universities for Sustainability (GUS) club is organizing the first edition of the 2022 Local Conference of Young Morocco (LCOY), an event that brings together young climate change activists. The event, which is taking place between August 12 and 14 at the"...

    August 12, 2022

    Drought tightens its grip on Morocco

    Mohamed gave up farming because of successive droughts that have hit his previously fertile but isolated village in Morocco and because he just couldn't bear it any longer.

    'To see villagers rush to public"...

    August 12, 2022

    Morocco, Spain Commit to Further Tighten Security Cooperation

    Rabat - Morocco and Spain will continue to expand bilateral cooperation to tackle security threats, particularly human trafficking and terrorism. Madrid and Rabat reiterated their willingness to strengthen ties during a meeting between Morocco’s General Director of National Security and Territorial Surveillance (DGSN-DGST) Abdellatif Hammouchi and his Spanish counterpart Francisco Pardo Piqueras on Wednesday in Rabat. Piqueras is leading a high level Spanish security delegation to Morocco. A DGSN statement said the delegation’s......

    August 12, 2022

    Morocco’s Exports Rebound in First Half of 2022

    Rabat - With an increase of MAD 62.7 billion ($6.1 billion), the value of Moroccan exports climbed significantly in the first half of 2022, compared to the same period the previous year, when MAD 215 billion ($20.9 billion) of goods were delivered to the international market.


    August 12, 2022

    US Think Tank: Morocco Positions Itself As Africa’s ‘Business Hub’

    Rabat - Given its gigantic infrastructure projects and well-defined strategy, Morocco is positioning itself as a “business hub” in Africa, according to a recent article by the Global Policy Institute, a Washington-based US think tank.


    August 12, 2022

    Marrakech Family Takes Legal Action Over Bitcoin Scam

    Rabat - A Marrakech family has decided to take legal action against a young man who defrauded them out of close to a million euros in a cryptocurrency scam. The 22-year-old defendant is accused of cryptocurrency fraud, breach of trust, and forming an organized gang.


    August 12, 2022

    Sharjah Finance Department launches the second cycle of the ''Sharjah Award for Public Finance'' with new categories and developed criteria

    Sharjah, United Arab Emirates, AETOSWire Nominations are open until the end of January 2023 In cooperation with the Arab Organization for Administrative Development The Board of Trustees of the Sharjah Award for Public Finance - the first of its kind in the Arab world - announced the launch of the second cycle of the award, organized by the Sharjah Finance Department (SFD), in cooperation with the Arab Organization for Administrative Development. This comes after the award was suspended for four years due to the exceptional circumstances......

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