UAE CAFU

Morocco’s Jouahri among top performing central bank governors in the world

Governor of Bank Al-Maghrib Abdellatif Jouahri was named among the top ten central bank governors in the world in 2020 for the fourth consecutive year. Jouahri got an “A”, the maximum grade awarded by New York magazine Global Finance in its ranking “Central Banker Report Cards 2020”, bringing together 94 governors of central banks. The […]

Libya’s central bank resumes operations after kidnapping of senior employee

Libya’s central bank has resumed normal operation after it was forced to suspend activities due to a kidnapping of one of its senior officials. Head of the bank’s information technology department, Musaab Muslamm was abducted on Sunday by an “unidentified party,” in Tripoli, while other bank employees received threats of similar kidnappings. The Bank resumed […]

Morocco’s Industry Minister Pushes Back Against European Criticism of Chinese Industrial Investment

Morocco’s Minister of Industry and Trade, Ryad Mezzour, has firmly rejected European accusations that the kingdom is serving as a conduit for subsidized Chinese products entering the EU market. Speaking on Médias24’s flagship program, the minister responded directly to a Financial Times article that characterized Morocco as a potential Chinese manufacturing platform targeting Europe, and […]