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Morocco declares end of CMI card-payment monopoly after market reforms

Morocco’s central bank and competition regulator said reforms have ended the long-standing dominance of the Centre Monétique Interbancaire (CMI) in the country’s bank-card payment market, opening the sector to new operators and lowering costs for merchants. Morocco has completed the transition from a market where CMI was the sole provider of merchant card-acquiring services to […]

Morocco, Kenya studying conclusion of a defense cooperation agreement

Morocco and Kenya are studying the conclusion of a defense cooperation agreement as part of the promotion of exchanges between the two countries’ armies. The project was discussed this Monday in Rabat at a meeting between Inspector General of the Royal Armed Forces and Commander of the South Zone, Mohammed Berrid, and Kenya’s Chief of […]

Arab League endorses Egypt’s former tourism minister Khaled El-Enany as Arab candidate for UNESCO Chief position

The Arab League Council of Foreign Ministers endorsed on Thursday September 7 Egypt’s former tourism and antiquities minister Khaled Enany as the Pan-Arab candidate for the post of Director-general of the UN Educational, Scientific, and Cultural Organization (UNESCO), Ahram Online reports. The election is set for the last quarter of 2025. The winner will head […]