Abdellatif-Jouahri among 10 Best Central Bankers in the World 2019

H&M, Starbucks to stay in Morocco

Kuwait’s Al Shaya group which operates Swedish ready-to-wear stores H&M and US brand café chain Starbucks in the MENA region and in Europe said it maintains business in Morocco, denying news reports that it was going to phase out from the country. Last week, Maroc Hebdo weekly said the Kuwaiti group will withdraw the two […]

Morocco Arrests Four Terrorists Loyal to IS in Essaouira

The Central Bureau of Judicial Investigations (BCIJ), an offshoot of Morocco’s domestic intelligence agency, arrested four members of a terrorist cell loyal to the Islamic State before they moved to action. The cell was dismantled in the Atlantic city of Essaouira, the interior ministry said in a statement, noting that the suspected terrorists are accused […]

Morocco moves to next step in dirham flexibility reform

Morocco moves on Monday March 9 to the next step in its currency reform broadening the fluctuation band for the dirham to 5% from 2.5% amid positive macro-economic conditions and enough international reserves, the finance ministry said. The North African country launched a gradual floating of its currency in January 2018, raising the official band […]