Turkish parliament

Morocco’s Foreign Exchange Reserves Stand at 201.5 Bln Dirhams by July 2017

Morocco’s foreign exchange reserves stood at 201.5 billion Dirhams by July 2017, shrinking 16.4% compared to the same period last year, the Central Bank, Bank Al Maghrib said. The Bank said it maintains key interest rate at 2.33%, adding that the exchanges volume rose from 5.4 billion to 8.2 billion DH. The drop in Morocco’s […]

Egypt: Launch of Erada microfinance to provide financial services to SMEs

The Sovereign Fund of Egypt (TSFE) and Etisalat Egypt have launched Erada Microfinance to provide access to a wide range of financial services to micro and small enterprises (MSEs). Erada uses financial technology (FinTech) and provides access to a diversified set of innovative financial products for MSEs to expand their businesses, Mubasher.info reports. The partnership, […]

Morocco Wins New Friends at AU-EU Summit

Morocco has adopted a pro-active diplomacy that breaks away with the empty chair policy, which left the country outside AU institutions since 1984. Almost one year after its triumphal return to the African Union, Morocco made diplomatic headways thanks to an African Policy that continues to turn former African adversaries into friends. The talks held […]