Moroccan state-owned bank Credit Agricole (CAM) received the approval of the Ministry of Finance to open an Islamic subsidiary with The Islamic Development Bank (IDB), the Central Bank, Bank Al Maghrib, said in an official bulletin. Bank Al Maghrib added that it is in the final stages of launching Islamic finance industry, which is referred […]
The Head of UN Human Right Commission has lambasted President al-Sisi’s strategy against terrorism as he argued that crackdown on human rights groups and activists fuels the surge in radicalization. Zeid Ra’ad al-Hussein speaking in Geneva Monday noted that even though Egypt deserves to stamp out terrorism, the limitation on human rights rolls out a […]
Bank Al-Maghrib (BAM) and the International Finance Corporation (IFC) signed a partnership deal on Wednesday, June 18, in Rabat, meant to achieve two key objectives: improving the resilience of agricultural operations and fostering inclusive and sustainable growth. According to a joint press release, this partnership reflects the shared ambition of both institutions to promote an […]
