IMF Managing Director Kristalina Georgieva visiting Morocco Feb 2020

Morocco reforms check payment laws to restore financial confidence

Morocco’s government has approved comprehensive amendments to commercial code provisions governing check payments, aiming to restore confidence in this traditional payment method while reducing judicial burden and detention rates. Government spokesperson Mustapha Baitas announced Thursday that the reforms address a critical economic issue affecting investors and businesses nationwide. Bank Al-Maghrib statistics for 2024 reveal the […]

Mauritania marks first peaceful transfer of power

The ruling party’s Mohamed Ould Ghazouani easily won Mauritania’s presidential elections marking a rare peaceful transfer of power in the African continent. Oul Ghazouani had secured 51.95% of the vote with counting completed in nearly all polling stations, the electoral commission data showed on Sunday. Ghazouani’s nearest rival, prominent anti-slavery activist Biram Dah Abeid had […]

Panama: Chief Rabbi hails Moroccan King’s vision of inter-religious coexistence

The Chief Rabbi of Panama, David Perets, commended King Mohammed VI for his sustained efforts to promote coexistence between different religions, pointing out that the Monarch’s vision is “worthy of appreciation and emulation.” Through the institution of the Commandery of the Faithful, the King is the supreme representative of the Nation and the symbol of […]