The US-Morocco Free trade Agreement has exceeded expectations, according a new report released by the Moroccan American Center for Policy. The survey, indicates that the Kingdom is the US’s first free-trade partner in Africa.
Bank Al-Maghrib has granted 4 banking licenses to Islamic banks in Morocco. Two independent banks and two other subsidiaries of the traditional banking sector will be able to operate from now on and offer their services to the public.
The Anglo-Swiss multinational trading and mining company, Glencore along with the American private equity investor Carlyle have offered to purchase the Samir oil refinery. According to Global Witness organization, Glencore has a controversial reputation.