Morocco wins diplomatic battle against Algeria at CAF (Jeune Afrique)

Morocco has won a diplomatic battle against Algeria at the Confederation of African Football and shattered its dream to see the so-called “SADR” admitted to the African football governing body, writes Jeune Afrique Monday. The CAF 43rd General Assembly convened in Rabat on March 12 actually approved an amendment to the confederation’s statutes stipulating that […]

Morocco’s CGEM Hails British Justice’s Rejection of Pro-Separatist Action, Calls ‘Victory’ for Both Countries’ Businesses

British Justice’s rejection of pro-separatist action, a ‘victory’ for both countries’ businesses, CGEM says London Court of Appeal’s rejection of the case brought by pro-separatist NGO WSC against the Morocco-UK trade agreement is a victory for Moroccan and British companies, says the General Confederation of Moroccan Businesses (CGEM). The CGEM welcomed in a press release […]

Casablanca stock exchange nears historic record following benchmark rate cut

Casablanca Stock Exchange approached its highest historical level, buoyed by the unexpected announcement from Bank Al-Maghrib to lower its key interest rate to 2.25%. The MASI, the benchmark index, closed up 2.10% at 17,193 points, touching its all-time high. The volume of transactions on the central market reached 1.1 billion dirhams. Attijariwafa Bank led the […]