To protect tourism industry from unfair competitors, the Moroccan authorities warned local travel agencies against hiring unlicensed Chinese guides and threatened to remove their names from the list of accredited agencies if they do not abide by the regulations. “All Moroccan travel agencies should designate a certified Moroccan tourist guide to accompany groups of Chinese […]
For the third time in a year, French justice has condemned the self-proclaimed kick boxing champion Zakaria Moumni for defamation against the Moroccan king’s private secretary, Mounir El Majidi. Last Wednesday (July 5), the 17th Civil Chamber of the Paris High Court sentenced Zakaria Moumni for defamation in the lawsuit brought against him by Mounir […]
As expected, Morocco’s Central Bank has finally given its green light to five Moroccan banks to set up Islamic banks – known locally as participative banking- and allowed three banks to sell Islamic products. The regulatory approvals concern the three major Moroccan banks Attijariwafa Bank, BMCE of Africa and Banque Centrale Populaire (BCP), and two […]
