Bank Al Maghrib (BAM) and Dubai Financial Services Authority

Morocco denies any disruption of road traffic at Guerguarat crossing point

The situation in Guerguarat crossing point is calm and normal, authorized sources said Sunday morning, adding that road traffic between Morocco and Mauritania, and beyond to sub-Saharan Africa, “is not disrupted in any way”. Despite the uneventful harassment by “Polisario” militias, the situation in Guerguarat, as in the whole of the Moroccan Sahara, is calm […]

Morocco maintains aid for worst-hit sectors by pandemic until June

A Moroccan economic monitoring committee (CVE) decided to maintain aid to workers in sectors most hit by the pandemic until June. This financial aid benefits 102,000 workers in sectors handicapped by the Covid-19 outbreak, notably tourism, catering, events and other services whose normal activity halted due to the restrictive measures to contain the virus. These […]

Algeria too Weak to Act as a Regional Arbiter

Algeria’s newly elected government suffers from scant legitimacy as pro-democracy Hirak continues its pressure, which has been ongoing for a year in favor of a genuine change. Meanwhile, the Algerian regime is seeking desperately to make its voice heard in its immediate neighborhood to no avail as it comes to terms to the reality that […]