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Gradual Dirham Float will not Lead to Devaluation- Central Bank

The launch of the gradual float of the Dirham to reach a flexible exchange rate regime will not lead to currency devaluation reassured Governor of Bank Al Maghrib, Abdellatif Jouahri. Speaking at a press conference in Rabat, Jouahri played down the speculations on risks of Dirham devaluation due to the currency float saying that the […]

South Africa’s President Looks Forward to Closer Ties with Morocco

South Africa’s President Jacob Zuma said that a promising future awaits his country’s relations with Morocco following the ice breaking talks he had in Abidjan few days ago with King Mohammed VI. Speaking in an interview with South African news outlet “News 24″, Zuma said that “Morocco is an African nation and we need to […]

Morocco & Mauritania Discuss Security Cooperation Prospects

Head of Morocco’s national police & domestic intelligence agency Abdellatif El Hammouchi and Mauritania’s Chief of national security Mesgharou Ould Sidi Leghweizi discussed on Tuesday in Rabat ways of enhancing security cooperation and coordinating efforts against common regional challenges. The two parties stressed the importance of strengthening cooperation in police training, exchanging experiences, expertise and […]