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Casablanca Among World’s Top Financial Centers

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Casablanca Stock Exchange

Rabat- Casablanca has made a remarkable entry into the GFCI ranking of global financial centers, according to a statement published on Monday in London by Z / Yen, the institution in charge of the ranking.

King Mohammed VI’s vision of making Casablanca the engine of the national economy has borne fruit, after Morocco’s largest city  entered the latest edition of the Global Financial Centres Index (GFCI).

GFCI’s new index ranked Casablanca 62nd ahead of powerful cities such Mauritius, Edinburgh, Dublin, Madrid, Helsinki and Moscow.

According to GFCI, Casablanca scored 622, following Copenhagen with 623 and Warsaw with 626.

GFCI ranked Casablanca first among the Ten Centres Likely to Become More Significant, followed by Busan, Singapore, Hong Kong and Shanghai.

GFCI sees this remarkable entrance as a reflection of the ongoing efforts of the Moroccan government in recent years to create a regional financial center in the city.

GFCI rankings are influential in that they are used by multinational companies seeking financial centers to serve their regional operations.

Its high GFCI score is likely to enhance Casablanca’s reputation and attractiveness as an international financial center.

Edited by Jessica Rohan

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