Switzerland

Central banks of Egypt, UAE ink bilateral currency swap Agreement

The Central bank of Egypt (CBE) and that of the United Arab Emirates (CBUAE) signed Thursday September 28 a Bilateral Currency Swap Agreement between the UAE Dirham (AED) and the Egyptian Pound (EGP). CBE Governor Hassan Abdullah and his UAE counterpart Khaled Mohamed Balama penned the deal that allows the exchange of local currencies between […]

New York-C24: Mohamed Abba highlights International Momentum in Support of Moroccan Autonomy Plan

Vice president of the Laayoune-Sakia El Hamra Region, M’hamed Abba highlighted, Monday in New York, the international momentum of support for the autonomy plan presented by Morocco to settle the dispute over the Sahara.   “The issue of the Moroccan Sahara lives at the pace of a positive development both at the UN level and […]

COVID-19: Morocco devotes 2.7% of GDP to address health crisis, ranks 4th worldwide

Morocco has devoted a huge budget to address the COVID-19 health crisis, becoming part of the top five countries worldwide that have devoted huge budgets to outweigh the economic impact of Covid-19. According to data compiled by the American Goldman Sachs bank, Morocco is the fourth country in the world to earmark the largest amounts […]