Moroccan Banks

Foreign Policy analysis argues Spain should return Ceuta to Morocco after migration crisis

Spain should consider returning Ceuta to Morocco, a Foreign Policy article argues, saying the enclave’s disputed status is an outdated geopolitical anomaly that creates unnecessary tensions and leaves Europe vulnerable to migration pressure at one of its most unusual borders. The analysis, published on Aug. 6, examines the history of Ceuta and its position on […]

Morocco to Create 1.2 million jobs by 2022

The Moroccan government said that it plans to create 1.2 million jobs in the next upcoming four years as the unemployment rate hits 10.2%. Head of the government, Saad Eddine El Othmani, said that by the end of his cabinet term, 1.2 million jobs will have been created. He said the inactive population who are […]

Société Générale informs Central Bank of its decision to leave Morocco

French bank, Société Générale, has informed Morocco’s Central Bank of its intention to leave the country, as part of a plan to withdraw from the African continent, Central Bank governor Abdellatif Jouahri said. Moroccan media has reported over the past few days that the French bank was planning to sell its Morocco branch to Saham […]