FM asks International community to wake up as Libya falls to IS

Digital innovation transforms Morocco’s traditional savings system

Morocco’s centuries-old rotating savings system, known locally as “daret” or tontine, is undergoing a digital transformation aimed at addressing the financial exclusion affecting 53 percent of the country’s adult population. The new mobile application, developed by former French banking executives Nabil Chakir and Mourad Chokeir, seeks to modernize this informal financial practice while preserving its […]

Egypt mends diplomatic ties with Tunisia

Egypt has decided to send its ambassador back to Tunis after recalling him due to comments made by President Moncef Al Marzouqi. Cairo alleged that Presdient Moncef’s speech at this year’s United Nations General Assembly calling for the release of Mohammed Morsi from custody was interfered with their internal sovereign affairs. The announced return of […]

Moroccan Coast Guard Recovers Bodies of 20 Sub-Saharans

Moroccan Coast guard patrols recovered the bodies of 20 Sub-Saharan migrants off the northern coasts near the Spanish-occupied enclave of Melillia, Moroccan media said. The intervention of the Moroccan coast guard came after a Spanish ship crew noticed floating bodies of migrants whose boat was drowned. In their quest to reach the European Eldorado, migrants […]