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Casablanca stock exchange nears historic record following benchmark rate cut

Casablanca Stock Exchange approached its highest historical level, buoyed by the unexpected announcement from Bank Al-Maghrib to lower its key interest rate to 2.25%. The MASI, the benchmark index, closed up 2.10% at 17,193 points, touching its all-time high. The volume of transactions on the central market reached 1.1 billion dirhams. Attijariwafa Bank led the […]

Cooperation in fight against terrorism, organized crime, cybercrime discussed by Moroccan and Spanish chiefs of police

Moroccan-Spanish cooperation in the fight against terrorism, organized crime, and cybercrime was at the focus of talks held this Friday in Agadir by Director General of Morocco’s National Security and Territorial Surveillance, Abdellatif Hammouchi, and Director-General of the Spanish national police, Francisco Pardo Piqueras. The Spanish official who is leading a delegation of the national […]

Libyan & Tunisian Central Banks sign cooperation agreement

The Central Bank of Libya (CBL) and its Tunisian counterpart BCT have inked a Memorandum of Understanding (MoU) for cooperation in many areas including fintech, Libya Herald reports.   The MoU, according to the CBL, provides for the transfer of experience of Tunisia’s Central Bank in the field of developing financial transactions (Fintech), and the […]