2023-08-19 23:21:43 Here are five key points from Bank Al-Maghrib’s (BAM) “bank loans-deposits” dashboard for the month of June 2023: 1. Outstanding bank credit reached 1,075.7 billion dirhams (MMDH) for the first six months of 2023, an annual increase of 4.7%. 2. Outstandings are divided between non-financial agents with 916.1 billion dirhams (+1.1%) and financial … Read more
2023-08-16 20:32:24 As late as 2022, most monetary economists expected interest rates to stay low indefinitely. While many analysts still expect interest rates to return to near zero, they are likely to remain elevated for the foreseeable future, making it harder for governments to service their debts. What a difference two years make. In 2021, … Read more
2023-08-16 19:31:16 Romania thanked the Kingdom of Morocco on Wednesday for its “significant support” for the release of the Romanian hostage, Iulian Ghergut, detained in the Sahel since 2015. In a statement, the Romanian Ministry of Foreign Affairs announced the release of this security officer from a manganese mine in northern Burkina Faso, near the … Read more
2023-08-13 20:46:31 The outstanding amount of shares listed on the Casablanca Stock Exchange held by foreigners and Moroccans residing abroad (MRE) stood at 156 billion dirhams (MMDH) in 2022, out of a total market capitalization of 561 billion MAD, representing a holding rate of 27.8%, according to the Moroccan Capital Market Authority (AMMC). This proportion … Read more
2023-07-22 13:34:41 A large delegation of British investors visited Dakhla on Tuesday and Wednesday to prospect for investment opportunities in the Dakhla-Oued Eddahab region. The visit of the delegation, led by the CEO of the Oblin Group (a company specializing in the engineering, supply and construction of photovoltaic solar systems and wind turbines), Brannan Tempest, … Read more
2023-07-14 20:30:19 A burning world where metallic clouds rain down drops of titanium, which act “like a mirror”: the brightest planet ever detected outside our solar system has revealed its face to astronomers, according to a study published Monday. This strange exoplanet, located more than 260 light years from Earth, reflects 80% of the light … Read more
2023-07-14 20:29:25 If in 500,000 years, an extraterrestrial civilization or our distant descendants search the subsoil of the Earth in search of traces of our past, they are likely to find surprising evidence of the abrupt changes that have taken place in our time: chicken bones. This is the conclusion reached by scientists who have … Read more
2023-07-10 13:03:26 Relations between the United States and China now have “more solid foundations”, US Treasury Secretary Janet Yellen said on Sunday, optimistic after a four-day trip to Beijing aimed at easing tensions between the two largest world powers. . Arriving in the Chinese capital on Thursday, Ms. Yellen was received by several senior government … Read more