Nasser bourita

Morocco’s Central Bank Joins Bank for International Settlements

Bank Al-Maghrib, Morocco’s central bank, has become member of the Bank for International Settlements (BIS), the oldest international financial institution, which helps central banks in their pursuit of monetary and financial stability through international cooperation. The decision was made lately by the BIS Board of Directors, which agreed to expand its membership by including the […]

Egypt: President’s adviser blames IMF for delaying the loan

Essam al-Haddad, the closest aide to Mohamed Morsi, has lambasted the IMF for worsening Egypt’s situation. He claimed Egypt has satisfied all the required conditions but the IMF continues to delay the deal. He said the government in a bid to finalize the $4,8 billion loan deal has recently included a phased-out subsidies plan and […]

Morocco Firmly Condemns Nice Terror Attack

Morocco has strongly condemned the “despicable” terrorist attack that targeted Thursday night the French city of Nice during the Bastille Day celebration and King Mohammed VI sent a message of condolences and solidarity to President François Hollande. “I would like to express, on my behalf and on behalf of the Moroccan people, our firm condemnation […]