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Workshop in Rabat on LIBOR Reform & Morocco’s New Money Market Benchmark

Morocco’s Central Bank, Bank Al-Maghrib, and the European Bank for Reconstruction and Development organized on Wednesday in Rabat a workshop on London Inter-bank Offered Rate (LIBOR) reform and the new money market benchmark in the North African country. Participants in the workshop discussed the implications of changes in the benchmark indexes used on the international […]

Egypt Dispatches 43rd Repatriation Train as Sudanese Return Program Gathers Pace

Egypt’s National Railways (ENR) has operated its 43rd special train to support the voluntary return of Sudanese nationals displaced by the conflict in Sudan. The service departed Cairo, on December 29, carrying 1,028 passengers, largely families, bound for Aswan, a principal transit hub for cross-border returns. The train was scheduled to arrive in Aswan at […]

IBM to Set up Global Delivery Center in Morocco

U.S. computer technology and IT consulting company IBM has announced lately its intention to open a global delivery center in Casablanca (Morocco’s major business center & economic capital). The center, which will employ 400 IT professionals over the next three years, is expected to deliver a wide range of high value innovative technology services to […]