corona Tunisia

Morocco’s Macroeconomic Conditions Propitious for Dirham Float

Morocco’s Central Bank announced that measures will be gradually taken to ensure a more flexible exchange rate of the Dirham amid promising macro-economic conditions marked by low oil prices and increasing demand on phosphates. The floating of the pegged dirham was encouraged by the IMF which sees in a more flexible exchange regime a move […]

Sheikh Zayed Book Award Names Abdallah Laroui “Cultural Personality of the Year”

  The Moroccan historian and scholar, Abdallah Laroui, has been named “Cultural Personality of the Year” by the Sheikh Zayed Book Award and will be celebrated during the award’s eleventh session 2016-2017. The title honors prominent figures for their unique contributions to the advancement of Arabic culture, and for works that portray tolerance and promote […]

Morocco’s Attijariwafa Bank Completes Acquisition of Barclays Egypt

Morocco’s Attijariwafa Bank obtained on May 3 the regulatory approval to acquire the Egyptian branch of Barclays which has shifted towards focusing its activity on the US and Britain. Attijariwafa Bank has finally obtained all regulatory requirements to acquire 100% of Barclays Egypt capital after an agreement was signed by the two banks in October […]