IT Spending in MENA Region to hit $155 billion in 2018

IT spending in the Middle East and North Africa (MENA) is projected to boom to $155 billion in 2018, growing 3.4 % from last year, US consultancy Gartner Inc. said. The consultancy said at its annual three-day Symposium ITXPO that spending on software is expected to grow 12.7% in 2018, compared to 10.9% growth in […]

Morocco to Launch Gradual Dirham Liberalization in June

Morocco’s Central Bank, Bank Al Maghrib, said it will launch the gradual float of the Dirham as of June in collaboration with the IMF to reach a flexible exchange rate system. In a statement to Reuters, Governor of Bank Al Maghrib, Abdellatif Jouahri, said that the first stage of Dirham liberalization will start in June, […]

COVID-19: Morocco denies information on reimposing of lockdown as fake news

The head of the Moroccan government, Saad Eddine El Othmani, has categorically denied the information circulated about a nationwide lockdown to curb the spread of the COVID-19 as fake news. A fake statement circulating online over the weekend claimed that the government is set to announce a lockdown on Sunday after a government council meeting. […]