Buna, the Arab Regional Payment System, has forged a strategic partnership with the global payments technology provider Mastercard in a move to enhance cross-border payments in the Middle East and North Africa (MENA) region, offering faster, more transparent, and cost-effective transactions for businesses and consumers. This private-public collaboration aims to reduce friction in cross-border payments […]
The recognition of Morocco’s sovereignty over the Sahara by the United States has prompted many comments and reactions in Mauritania, where several figures have hailed the move as a historic turning point and a historic diplomatic victory for Morocco. The recognition by the US of Morocco’s full sovereignty over the entire Moroccan Sahara region marks […]
Morocco’s Central Bank, Bank Al-Maghrib, decided Tuesday to maintain its key interest rate unchanged at 2.25 % during the third quarterly meeting of its Board of Directors which expects a 4.3% growth in 2017. After analyzing recent economic developments and reviewing the macroeconomic forecasts, the Board deemed as “appropriate” the decision to uphold the key […]
