Cevital

Moroccan Dirham strengthens against Dollar in June trading

Morocco’s dirham appreciated 1.3 percent against the U.S. dollar while weakening 0.7 percent versus the euro between May and June 2025, according to Bank Al-Maghrib’s latest monthly economic review, reflecting broader currency market dynamics and the euro’s strength. The central bank attributed these movements partly to the euro’s 2.1 percent appreciation against the dollar during […]

Libya Intercepts Fuel-Smuggling Ship

Libyan coastguards on Saturday have intercepted a ship with a 12-man foreign crew suspected of smuggling fuel. “The coastguards were conducting a reconnaissance mission when they intercepted the tanker carrying about 1.66 million liters of diesel,” coastguard official Abu Ajila said. According to him, the vessel “Captain Khayyam” was sailing under a Sierra Leone flag […]

Moroccan Jewish Community Leaders Play Down Nationality Forfeiture Draft Bill

Leaders of the Moroccan Jewish community downplayed the attempts at submitting a draft bill to the Parliament providing for the withdrawal of Moroccan nationality from Jews of Moroccan origin residing in Israeli Settlements. The draft law was suggested by opposition Authenticity and Modernity Party (PAM), whose head, Ilyas Omari, promised Hamas leader to forfeit Moroccan […]