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Central banks of Egypt, UAE ink bilateral currency swap Agreement
The Central bank of Egypt (CBE) and that of the United Arab Emirates (CBUAE) signed Thursday September 28 a Bilateral Currency Swap Agreement between the UAE Dirham (AED) and the Egyptian Pound (EGP). CBE Governor Hassan Abdullah and his UAE counterpart Khaled Mohamed Balama penned the deal that allows the exchange of local currencies between […]
Omicron dominates Morocco’s new Covid-19 infections
Within a few days after Morocco reported the first Omicron case, the new variant now represents over 70% of new cases in the country with the peak of the new wave expected to be reached within two weeks, according to health ministry officials. Morocco is now recording some 6000 cases daily compared with some 100 […]
Morocco ranks 3rd in Africa on Digital quality of life index
The “Digital Quality of Life Index” (DQL), rating digital connectivity in 117 countries in the world, has ranked Morocco 3rd on the African continent and 71 worldwide. The fourth edition of the index took into account 14 indicators including speed, GDP per capita, mobile Internet cost and broadband Internet cost. The study is based on […]



