Spending as part of the compensation fund subsidizing the prices of fuel, wheat, sugar, and butane gas more than halved to 4.5 billion dirhams in the first quarter this year, auguring well for state finances, according to the finance ministry. Subsidies including cash handouts to transport professionals stood at 44 billion dirhams last year due […]
At a time most of the MENA region countries chose the status quo to tackle the crises rolling out of the Arab Spring, Morocco opted for a social contract that safeguards stability through credible reforms, coupled with measures to uproot extremism, the Australian newspaper highlighted. King Mohammed VI brought a new social contract by choosing […]
Alphabet Inc launched its Google Wallet in South Africa on Tuesday (23 August), after rival Apple Inc introduced its Apple Pay mobile payment system in the country last year — a sign that the tech giants try to gain a foothold in the continent’s rapidly growing digital payments space. The COVID-19 pandemic has accelerated the […]
