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Egyptian activist Ahmed Douma sentenced to jail for life

Egyptian court has sentenced on Wednesday, the leftist revolutionary and prominent activist Ahmed Douma to life imprisonment for “illegal gathering”, “arms”, “disturbing public order”, “vandalism” and “inciting violence. The court also sentenced 229 others to life in jail in absentia for the same charges, and 39 juveniles received 10-year sentences in absentia. These liberal activists […]

Casablanca Finance City Leaps Four Places in World Ranking

Casablanca Finance City (CFC) has leapt four places in the Global Financial Centers Index 24 (GFCI24) taking the 28th position. CFC outperformed Seoul, Taipei and Doha ranking the fourth best financial hub in the MENA region behind Dubai, Tel Aviv and Abu Dhabi. At the international level, New York has overtaken London as the world’s […]

WB Offers Morocco Precautionary Loan of $275 mln to Manage Disasters

Morocco and the World Bank inked a deal under which the North African country shall benefit from a precautionary line of 275 million dollars in the case of natural disasters. The deal was signed in Rabat by Finance Minister Mohammed Benchaaboun and Maghreb director at WB Jesko Hentschel. The World Bank had said in a […]