Uptown-Dubai

IMF Welcomes Launch of Gradual Dirham Float in Morocco

The IMF commended Morocco for launching a flexible ex-change rate system, saying that such a decision will help fur-ther improve Morocco’s external position, enhance the economy’s capacity to absorb shocks, and preserve its external competitiveness. Adopting the central bank law and continuing efforts to increase supervisory capacity in line with 2015 Financial Sector Assessment Program […]

Morocco to Open Embassy in Havana Shortly

After it restored diplomatic ties with Cuba, Morocco is preparing for the opening of an embassy in Havana, a diplomatic source told the Moroccan news website le360.ma. “Morocco will soon open an embassy in Cuba,” the source said, adding that the kingdom has voiced support for lifting the US-imposed economic embargo on Cuba. Morocco’s stance […]

Russia donates Mali 25,000 tons of wheat

Russian Foreign Ministry spokeswoman Maria Zakharova announced Wednesday January 17 Moscow delivered this month a humanitarian cargo of 25,000 tons of grain to Mali for free, the fourth delivery so far to the West African country. “On January 6, 25,000 tons of Russian wheat were delivered to the port of Conakry [Republic of Guinea] by […]