Riots in Laayoune

Casablanca Finance City Joins Efforts with Abu Dhabi Global Market

Casablanca Finance City (CFC) and Abu Dhabi Global Market have agreed to enhance cooperation and jointly promote the development of financial services in Morocco and the United Arab Emirates. The agreement was inked by Saïd Ibrahimi, CEO of the CFC Authority and his emirati peer Dhaher Bin Dhaher Al Mheiri. The two sides pledge to […]

Morocco Voices Concern over Iran’s Operations in North Africa

Morocco’s top diplomat has expressed his country’s concerns regarding Iran’s destabilizing operations in North Africa, saying that the North African Kingdom needs the Trump administration’s backing to block Tehran’s rise in the region. Nasser Bourita told Breitbart News that “Morocco …views the Trump administration’s determination to halt Iran’s efforts to become a hegemonic power in […]

Morocco to Launch Islamic Insurance (Takaful) in 2019

Morocco will launch next year Islamic Insurance (Takaful) after introducing in 2017 Islamic banking services, which are thriving in the Middle-East, Africa, Asia and some western countries, say local insurance experts. In July 2017, the Moroccan Government Council adopted a draft decree paving the way for implementation of the Takaful Law. Unlike the banking sector, […]