Arab-Russian Cooperation Forum

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 […]

Algeria’s oil and gas revenue shrinks 41% by September

Algeria’s oil and gas exports dropped 41% to 14.6 billion dirhams in the first nine months this year, casting a shadow of deep uncertainty for a country that relies on hydrocarbons for more than 90% of its exports. Algeria’s energy minister Abdelmadjid Attar said that the drop was ascribed to low export volumes and low […]

Morocco Takes Part in Arab FM Meetings Ahead of Jeddah Summit

Moroccan foreign minister Nasser Bourita is taking part in the preparatory meetings for the 32nd Arab Summit due in Jeddah on May 19. The summit comes amid ongoing Sudan crisis, the Israeli-Palestinian conflict, continuing tension between Morocco and Algeria over the Sahara issue, Syria’s return to the Pan-Arab organization, the Iranian and Turkish interferences in […]