IAM_INWI

Morocco Approves Islamic Banking

As expected, Morocco’s Central Bank has finally given its green light to five Moroccan banks to set up Islamic banks – known locally as participative banking- and allowed three banks to sell Islamic products. The regulatory approvals concern the three major Moroccan banks Attijariwafa Bank, BMCE of Africa and Banque Centrale Populaire (BCP), and two […]

High Atlas Foundation Launches Tree Planting Day across Morocco

The High Atlas Foundation (HAF) announces the third Monday of January, which corresponds this year to January 16, as a Tree Planting Day across its project sites in Morocco. “On January 16th, HAF is planting trees with members of local communities and students of all ages in 16 provinces of Morocco at approximately 50 locations,” […]

Newsweek describes Morocco’s strategy to expand its high-speed rail network as “ambitious”

Newsweek has described Morocco’s strategy to enhance its high-speed rail network by 2040, as “ambitious”, noting that this strategy positions the Kingdom to extend its lead as Africa’s leader in rail. Morocco already has Africa’s only operational high-speed rail line and is intent on expanding and modernizing the network, the magazine stated, noting that this […]