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Morocco: First Islamic Banks to Open Doors in 2017
Morocco’s central bank will start very soon granting permits to Islamic banks due to start operations in the North African Kingdom in 2017. So far several applications have been submitted to the Moroccan financial authorities for approval to open local branches. Among the applicants, two are from the Gulf region bidding to set up their […]
AfDB garners $29.2 billion in its investment forum in Rabat
Curtains fell on the Africa Investment Forum in Rabat which helped the African Development Bank (AfDB) mobilize a total funding of $29.2 billion for 47 projects, covering critical areas such as water supply, energy, transport, mining, pharmaceuticals, private equity, tourism, and infrastructure. The event drew 2,300 investors and delegates from 83 countries, AfDB chief Akinwumi […]
No normalization with Israel: Moroccan PM was speaking on behalf of his party
Saad Dine El Othmani head of the Moroccan Government and chief of the Islamist PJD party said he was speaking in the name of his party when he said Morocco rejects concessions and normalization of ties with Israel. le360 news portal said El Othmani explained to them that he was speaking in his quality as […]



