Arab Liberal parties

Up to $6000, price to illegally cross from Spain to Morocco

A reverse migration is taking place in the Detroit of Gibraltar as coronavirus wreaks havoc in Spain. Dozens of Moroccan youth had to pay traffickers up to $6000 to take them to Moroccan coast, local papers reported. Moroccan security services are on alert to bring assistance to the Moroccans who are fleeing Spain on inflatable […]

Morocco moves closer to launching central bank digital currency

Morocco is advancing plans to launch a central bank digital currency (CBDC), the e-Dirham, as part of a broader push to modernize its financial system and boost financial inclusion. The central bank governor Abdellatif Jouahri said late September that the project had entered an “advanced study phase,” positioning Morocco among more than 100 countries exploring […]

EIB invested €2.5 Bln in Morocco over past five years

The European Investment Bank has invested €2.5 billion in Morocco over the last five years, making the North African Kingdom the 2nd largest recipient of EIB funding in the southern Mediterranean region. Speaking at a press conference held Wednesday in Rabat, Ricardo Mourinho Félix, EIB Vice-President said the bank’s investment supported Morocco’s development and its […]