Casablanca Finance City (CFC) has maintained its position as the leading African financial center in the half-yearly rankings of the 34th edition of the Global Financial Centers Index (GFCI) that has also included Mauritius, Kigali, Johannesburg, Nairobi, Cape Town, and Lagos on the list. Within the North Africa and Middle East region, the leading Moroccan […]
Morocco’s trade deficit shrunk 23.1% as the pandemic lowered both imports and exports with tourism being the worst hit sector. Tourism revenues dropped 53.8% to 36.3 billion dirhams from 70.7 billion dirhams in 2019 when Morocco received 13 million people. Imports bill dropped 14% thanks in particular to lower energy imports and fewer equipment imports […]
The Spanish Interior Ministry Tuesday announced the arrest, in coordination with Moroccan security forces, of several members of a cell involved in human trafficking in Gibraltar Strait. The cell members, mostly Nigerians, are also suspected for commercial sexual exploitation of young women also largely from Nigeria. The arrest of the traffickers was possible thanks to […]
