Abdellatif Jouahri clarified the nature of the meeting with Revolut. The fintech expressed interest in Morocco, but has not officially requested authorization from Bank Al-Maghrib.
Abdellatif Jouahri fears that new administrative requirements could complicate MRE transfers to Morocco . Bank Al-Maghrib wants to prevent unnecessary blockages from occurring.
In Rabat, the real estate market slowed significantly in the first quarter of 2026. Residential prices are declining sharply, while sales are collapsing. Only land escapes the downturn.
Revolut is interested in Morocco, but Bank Al-Maghrib believes the timing is not favorable. Abdellatif Jouahri confirms he met with the fintech executives in early June, without opening the door to an immediate arrival.
In Casablanca, the real estate market stalled in the first quarter of 2026. Prices are declining, especially for land, while transactions are falling sharply across almost all categories.
A European regulation adopted after Brexit is complicating the activities of Moroccan banks operating in Europe. Abdellatif Jouahri assures that Bank Al-Maghrib is attempting to prevent any disruption in remittances from Moroccans abroad to Morocco.
Despite a growing arsenal and over 21 million bank cards in circulation, the Moroccan economy remains fundamentally attached to cash. For the majority of citizens, the card serves primarily to withdraw money.
In Marrakech, the real estate market experienced a sharp slowdown in the first quarter of 2026. Prices are declining moderately, but transactions are collapsing by more than 50 %.
The Moroccan real estate market slowed significantly in the first quarter of 2026. Prices are falling, but it is above all the collapse in transactions that confirms the slowdown.
The new register of real estate powers of attorney, which came into force in early June, is paralyzing transactions. Faced with administrative delays blocking sales and credit , Bank Al-Maghrib is multiplying emergency interventions to try to save the market.
The entry into force in early June of the register of powers of attorney linked to real rights is causing shockwaves. Administrative delays and procedural complexities are currently paralyzing real estate and financial transactions across Morocco.
The dirham slightly declined against the euro, but strengthened against the dollar, according to the latest weekly indicators from Bank Al-Maghrib.