Wadie El Mouden

Should the dirham’s decline against the euro and the dollar be a cause for concern? Mohamed Filali, Head of Morocco Capital Markets at Attijariwafa Bank, sees it as an adjustment inherent in an exchange rate regime designed to absorb external shocks. In this interview, he explains the factors behind the currency’s recent movements, examines their implications for businesses and assesses the results of Morocco’s exchange rate reform, while outlining the tools companies can use to protect themselves against currency risk.

A “Moroccan international criminal network”, 61 suspects, a former soldier and unspecified “acts of sabotage”. With just three weeks to go before a UN Security Council resolution expected to undermine its position, Algiers has unveiled an espionage case as sensational as it is devoid of substance. Once again, it has singled out an entire nationality as the enemy.

Hassan Benaddi, the first secretary-general of the Authenticity and Modernity Party (PAM) and a prominent figure in the Movement for All Democrats (MTD), has voiced his support for Fatima Ezzahra El Mansouri. Speaking on Grand Format Le360, he defended closer ties with the Koutla parties and called for a government team chosen for competence and integrity rather than partisan considerations.

Abdelilah Benkirane appears to have a short memory. His attack on Saâd-Eddine El Othmani has sparked a row within the PJD and thrust the issue of normalization with Israel back into the spotlight. The PJD secretary-general thought he was calling his former political ally to account. Instead, his own past positions came back to haunt him, revived by several voices from within his own party.

The dirham has weakened against the euro and the dollar in recent weeks amid mounting pressure on foreign-currency flows. Is this a warning sign? Rising imports, a widening trade deficit, shifts in export earnings and movements in major global currencies are all combining to drive the trend—without necessarily pointing to a sharp dislocation in the dirham. Economist Abdelghani Youmni explains what is at play.

The Party of Authenticity and Modernity (PAM) has ended its political alliance and coordination with the National Rally of Independents (RNI) across the territorial municipalities of Chtouka Aït Baha province.

Istiqlal Party Secretary-General Nizar Baraka has attributed his party’s loss of 16 parliamentary seats in Morocco’s September 23 legislative elections mainly to lower voter turnout and the return of the Justice and Development Party (PJD) as a major electoral force.

The Authenticity and Modernity Party (PAM) has decided to exclude the National Rally of Independents (RNI) from the next government, Istiqlal Secretary-General Nizar Baraka said Saturday.

Fuel prices in Casablanca have climbed further after a new increase took effect at the start of October, pushing diesel above MAD 16 a liter and bringing gasoline prices above MAD 15.50.