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Egypt: Central Bank blocks transactions with African and Arab banks
There are reports that Egyptian banks have been ordered by the Central Bank to refrain from doing business with some banks in African and Arab countries amongst which are Qatar, Libya, Syria and Sudan. The central bank’s decision is aimed at reducing the scale of money laundering in compliance with the anti-money laundering laws. Several […]
Iraq reiterates steady support to Morocco’s territorial integrity, lauds King’s firm defense of Palestinian cause
Iraq reiterated, on Saturday, its constant position in support of Morocco’s territorial integrity, and praised the international momentum in favor of the autonomy plan for the resolution of the dispute over the Moroccan Sahara. This stance was expressed in a joint statement released following talks in Rabat between Iraq’s Deputy Prime Minister and Foreign Minister […]
Morocco to post MENA region’s highest growth rate in 2021 at 6.3% – IMF says
The IMF expects Morocco’s economy to grow 6.3%, the highest rates among its MENA peers, as the country continues its fiscal and monetary stimulus. Morocco’s economic performance is also credited thanks to its “successful vaccination campaign” which enabled the country to contain the pandemic and allow the economy to rebound, the IMF said after its […]



