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Morocco moves to next step in dirham flexibility reform

Morocco moves on Monday March 9 to the next step in its currency reform broadening the fluctuation band for the dirham to 5% from 2.5% amid positive macro-economic conditions and enough international reserves, the finance ministry said. The North African country launched a gradual floating of its currency in January 2018, raising the official band […]

Morocco, Saudi Arabia call for combating terrorism, separatist movements in Sahel

Morocco and Saudi Arabia have called for more efforts to support stability, promote sustainable development and fight extremism, terrorism and separatist movements in the Sahel region. This came in the minutes of the 13th session of the Morocco-Saudi Arabia Joint Commission convened in Rabat this week under the co-chairmanship of the two countries’ Foreign Ministers […]

Islamist Ennahda Party, Responsible for Tunisians’ Exodus to Conflict Zones, Opposition Claims

The Tunisian Islamist party Ennahda and its leader Rached Ghannouchi have been accused of condoning the departure of the thousands of Tunisians to hotbed conflict zones at the time heated debates on the return of the jihadists buzz in the country. Around 5,000 Tunisians have been fighting in the ranks of terrorist groups in Syria, […]