BCP Group’s Net Banking Income (NBI) Reaches 17.7 Billion Dirhams – Analysis and Insights

2023-11-18 18:00:04 The net banking income (NBI) of the BCP group (Banque Centrale Populaire) stood at 17.7 billion dirhams (MMDH) at the end of September 2023. This NBI reflects, on the one hand, an improvement in the interest margin and the margin on commissions which increase respectively by 6.7% and 5.2% and on the other … Read more

Morocco: Gateway to Africa – Strategic Position, Economic Potential, and Investment Opportunities

2023-11-18 18:00:04 Morocco, due to its key geostrategic position at the crossroads of North Africa and West Africa, is a central actor in continental dynamics and represents a gateway for Africa, affirmed, Wednesday in Tangier, economic players, on the occasion of the “MEDays Investment Summit”. These economic actors, participating in a session under the theme … Read more

Morocco Aerospace Community Outreach: Robotics competition winners honored at prestigious ceremony

2023-11-12 21:00:15 A prize giving ceremony for the first three winners of the “Morocco Aerospace Community Outreach” robotics competition was organized on Friday in Nouaceur, on the sidelines of the 2nd edition of the aeronautics career awareness day. This competition was organized by the Ministry of Industry and Commerce and the province of Nouaceur, in … Read more

Paris Peace Forum 2023: Building Global Governance for a Safer World

2023-11-12 20:45:31 André Azoulay, advisor to HM the King, represented His Majesty the King at the inaugural session of the Paris Peace Forum, which brings together, each year, heads of state and government, leaders of international organizations and stakeholders from civil society (notably non-governmental organizations, private companies, unions, think tanks, experts, journalists, media) from countries … Read more

The Growth of Morocco’s Gross Settlement System (SRBM) in 2022: Insights from Bank Al-Maghrib

2023-11-08 19:36:47 “The activity of Morocco’s gross settlement system (SRBM) recorded in 2022 an increase of 24.1% in the number of payment orders from direct participants,” according to Bank Al-Maghrib (BAM). According to data published by the Central Bank, this number increased from 220,780 operations carried out in 2021 for an amount of 4,981 billion … Read more

Temporary CNSS Debt Relief: How to Benefit from the New Discount Scheme

2023-11-08 19:36:49 In accordance with the decision of the Board of Directors of the National Social Security Fund held on September 22, 2023 and the decision of the Minister of Economy and Finance No. 005/2023, dated 10/17/2023 the CNSS informs all the companies concerned of the entry into force of a temporary free remission of … Read more

Boosting Business Opportunities in Tangier-Tetouan-Al Hoceima: Join the DB-TTA Business Meeting in Barcelona

2023-11-06 21:08:40 The “Doing Business Tangier-Tetouan-Al Hoceima” (DB-TTA) business meeting will stop on December 13 at the World Trade Center auditorium in Barcelona, ​​announced the Regional Investment Center (CRI-TTA) . After the stages in Casablanca (March 15) and Seville (July 6), it is the turn of the city of Barcelona to host this BtoB meeting, … Read more

UCITS Industry in Morocco: A Catalyst for Economic Development and Capital Market Growth

2023-11-03 20:00:25 Organizations for collective investment in transferable securities (UCITS) constitute one of the pillars of national savings able to contribute to the economic development of the Kingdom, indicated recently in Casablanca, the president of the Moroccan Capital Market Authority (AMMC), Nezha Hayat. The UCITS industry also wants to be a key element in the … Read more