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Morocco’s Currency Regulator Does Not Recognize Bitcoin
The transactions made via Bitcoin, the digital payment system, constitute a “violation of regulations, punishable by penalties and fines”, said the Moroccan government agency “Office des Changes”. The Office stand comes few days after Moroccan digital services company MTDS said it would accept payment in bitcoin. According to the Office des Changes, the use of […]
H&M, Starbucks to stay in Morocco
Kuwait’s Al Shaya group which operates Swedish ready-to-wear stores H&M and US brand café chain Starbucks in the MENA region and in Europe said it maintains business in Morocco, denying news reports that it was going to phase out from the country. Last week, Maroc Hebdo weekly said the Kuwaiti group will withdraw the two […]
Another Algerian journalist faces 3 years in prison
An Algerian court Monday charged a journalist with “undermining national unity” and requested a three years in jail sentence. The prosecution at a court in Constantine has accused Abdelkrim Zeghileche, director of Radio-Sarbacane, a web-radio in the Northeast Algerian city, of “subverting the personality of the President of the Republic”, and “the national unity”. Zeghileche […]



