Ceuta road

Morocco Protests FIFA’s Last-minute Alteration of Scoring System to Favor North American Bid

Morocco expressed its rejection of the last-minute change in FIFA’s scoring system for the 2026 host, which it views as unfair and as an attemptd to favor the joint North American bid. In a letter to FIFA chief Gianni Infantino, dated March 25, head of Morocco’s football association (FRMF) Faouzi Lekjaa protested the change of […]

Libya E-Payment System Collapses After Record Two Million POS Transactions in a Single Day

Central Bank of Libya has issued an apology following a major disruption to the country’s electronic payment infrastructure, after an unprecedented surge in transaction volumes triggered system instability across commercial banks. According to the Bank, around two million point-of-sale (POS) transactions were recorded in a single day across approximately 67,000 terminals nationwide, placing excessive strain […]

Spain, Morocco’s First Trading Partner in 2016

Spain remained Morocco’s top trading partner in 2016 with trade turnover totaling $10.6 billion up from $9.3 billion in 2015, Morocco’s foreign exchange regulatory authority, L’Office des Changes said. Between 2015 and 2016, Morocco’s imports from Spain rose from $4.4 billion to $6.2 billion, while its exports to the country jumped from $4.2 billion to […]