According to Fitch Ratings, Morocco’s liberalization of the Dirham would have little impact on banks. Floating the currency gradually will help secure the process as the value of the Dirham will be managed carefully by the Central bank.
El Wahabi is another Moroccan family that was trapped and killed in the blaze in London. After being given the wrong advice the couple and their three children are presumed dead.
According to the latest edition of the regional think tank published yesterday, the democratic transition process has seen decline in 10 Arab countries. However, Morocco is leading the Arab Democracy Index 5 report for the fourth time in a row.
Morocco is one of the leading countries in North Africa according to the 2017 Global Innovation Index. Ranked 72nd among a total of 127 states, the Kingdom’s economy is considered to be one of the most innovative ones in the MENA region.
The Saudi press agency has covered Nasser Bourita's visit to the country poorly. SPA has completely omitted to mention Morocco's efforts to resolve the Gulf blockage.
Urged by NGOs to interfere in the favor of the Hirak detainees, Emmanuel Macron claimed that “a will to repress” the Rif by the Moroccan authorities is hardly occurring. A supporting statement that tends to be less surprising.
Locals rushed to help the Grenfell Tower’s affected residents who lost their homes in a terrible incident. Last night a fire broke out in a 24-story building which is believed to be mostly resided by Moroccans. Details.
Anti-Sharia protesters took the streets in several cities across the USA to oppose Islamic laws. Organized by Act for America, the marches considered Sharia a threat for the USA and its culture. However, the Council of American-Islamic Relations says that the rallies were «hateful anti-Islam marches».
Investors are neglecting the current situation in the northern region of Morocco as protests continue to add pressure on the country’s bond market. In an article published by Bloomberg, the latter gave a detailed explanation about the consequences that could occur due to the anti-government manifestations that broke off 6 months ago in the Kingdom.
Morocco is trying to convince Saudi Arabia, the United Arab Emirates and Bahrain that Qatar shouldn’t be their enemy. For that sake, a second communiqué was issued yesterday by the Ministry of Foreign Affairs and International Cooperation referring to Iran as the real threat in the region that attempts to «undermine the supreme interests of these countries».