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Morsy Foresees “E-BRICS” in March Summit

At the end of his two-day visit to India, the Egyptian president has expressed his expectations of joining the group of fast growing economies known as the BRICS; an acronym for Brazil, Russia, India, China and recent member South Africa. President Morsy was speaking at a business forum when he said “Egypt is hoping to […]

Money Transfers: Moroccan Wafacash Teams Up With WorldRemit

Moroccan financial company Wafacash has sealed a deal with WorldRemit, an online money transfer service provider, enabling Moroccans living overseas to send money to their homeland wherein the cash will be available instantly for the beneficiaries. The money transfers wired though WorldRemit system can be picked up from any of the 1620 Wafacash locations installed […]

Tourism Makes up 7% of Morocco’s GDP- Minister

Tourism contribution to Morocco’s GDP stood at 7% with a turnover of 115 billion dirhams in 2016, tourism and air traffic minister Mohamed Sajid said. Speaking at the weekly government meeting, the Minister said that the tourism sector is among the key drivers of employment in Morocco offering 2.5 million direct and indirect jobs. In […]