World’s financial centres gathered in Casablanca today to promote sustainable development

10 financial centres from different countries in the world gathered on Thursday 28th of September to promote sustainable development and discuss strategic actions on green on sustainable finance, Casa Finance City said in statement.   «Financial centres including Astana, Casablanca, Dublin, Hong Kong, Milan, London, Luxembourg, Milan, Paris, Qatar, Shanghai, and Stockholm backed the Casablanca statement agreeing to harness their expertise to drive action on climate change and

Casablanca : Royal Air Maroc is celebrating its 60th anniversary on the beach

Royal Air Maroc, the Moroccan national carrier and the country’s largest airline is organizing an event on Saturday 30th of September along the Casablanca beach, Ain Diab to celebrate its 60th anniversary. «This event is part of a series of events and activities that have been going on since the beginning of 2017 to mark the anniversary of the company created in 1957 and to share its history and accomplishments in a lively way with all Moroccans,» said the group. The opening

Caribbean : Morocco sends humanitarian and material aid to the hurricanes’ victims

Following the recent devastating hurricanes that hit Antigua and Barbuda, as well as the Commonwealth of Dominica, and which caused substantial material damage to these countries, King Mohammed VI gave instructions to send humanitarian and material aid to the victims of these natural disasters. This gesture reflects Morocco's continuing solidarity with these two sister countries in the Caribbean region, which have always expressed their firm support for Morocco, according to a

Mosque gutted in suspicious fire and King Carl XVI denounces the act

shortly after 2am on Tuesday 26th of September, a mosque located in the Orebro region in southern Sweden was destroyed. A fire broke off in the building which became a mosque in 2007, whose roofs collapsed. Suspected of being arson, the police arrested a 20-year-old suspect and an investigation was open, according to Aftonbladet daily newspaper that was quoted by RT. «We cannot speculate about the motives of this crime», said Orebro district police chief, who preferred not to

Enactus World Cup : Morocco ranked third

The Enactus EHTP team represented Morocco at the world's largest social entrepreneurship competition, the Enactus World Cup, which took place in London on 26-28 September. The team had won the title of national champion for the 2nd consecutive year at the national competition which took place on June 20th. Unfortunately, the kingdom did not qualify for the final of the World Cup Enactus. It was ranked third ahead of Australia and Tatjikistan, said Enactus Morocco on Facebook. «We

Contemporary art: The Biennale of Marrakech festival is postponed because of money

Established thirteen years ago, the Moroccan event, Biennale Marrakech, whose next edition was scheduled in February 2018, has a deficit of about 3.3 MADD, Le Monde Afrique reports today. Christine Eyene, a critic of Cameroonian art, has recently been appointed curator of the next edition of the Biennale of Casablanca, scheduled for October 2018. However, that of Marrakech, scheduled to start in February 2018, is postponed. «There is no money,» says Amine Kabbaj, executive chairman

The fight against torture : Morocco’s commitments must be taken into consideration according to El Yazami

Morocco’s full accession to the international human rights system requires the fulfillment of its commitments and obligations, Driss El Yazami, President of the National Council for Human Rights (CNDH) said. The Kingdom has ratified all international human rights treaties, the most recent one is the Optional Protocol to the Convention Against Torture (APT). The latter was ratifies by the Kingdom on November 2014 during the International Forum of Human Rights held in Marrakech, becoming

WEF : Corruption and bureaucracy are slowing business down in Morocco

The 2017 edition of the World Economic Forum (WEF) Competitiveness report has just been released today. Accordingly, Morocco was ranked 70th out of 137 countries, losing one place compared to 2016.

History : When expelled Moriscos established the Republic of Salé and became pirates

After being expelled by the Spanish between September 1609 and January 1610, Moriscos found exile in Morocco, most precisely Salé, where they established a Republic. The Corsair city, was heavily known for piracy and operated massively in the Barbary coasts, capturing slaves, ships and organizing raids.

New exchange rate regime : The central bank prepared to carry out further studies

Bank Al-Maghrib is willing to carry out the complementary studies necessary to better accompany the new exchange rate policy, said Tuesday its governor, Abdellatif Jouahri. «If we retreat to better appreciate and support the new exchange rate regime, it seems to me that it is positive. If studies or complementary information are needed, we are there to make the simulations that are needed for a measure that will last for several years,» he said during a conference held at the end