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Conditions Conducive for Islamic Finance Expansion in Morocco- Al Baraka Bank

Bahrain’s Al Baraka Bank deems that the regulatory framework in Morocco is conducive for the launch of an Islamic finance venture. The Bank’s Chief Executive, Adnan Ahmed Yousif, told Reuters that the Bank targets the expanding Islamic finance in Morocco in effort to diversify assets and revenues in Africa. Morocco is attractive for Islamic banks […]

EU Commissioner Oliver Varhelyi visits Morocco amid tensions with European Parliament

European Union commissioner for Neighborhood & Enlargement Oliver Varhelyi started Monday a two-day visit to Morocco amid tensions with the European Parliament following the orchestrated smear campaign carried out by some MEPs against the North African Kingdom. In his twitter account, Mr. Varhelyi said talks in Rabat will focus on how to deepen further strategic […]

Morocco denounces Netherlands, Belgium for political opportunism regarding dual nationals

Morocco condemned in the strongest terms the political opportunism showed by Dutch diplomacy in dealing with dual nationals, Foreign Minister Nasser Bourita said. Addressing a Parliamentary Committee on Thursday, Bourita made it clear that Moroccans with dual nationality are enjoying full rights and do not need any custodianship from other countries. Morocco rejects the discriminatory […]