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Morocco Steps Up Efforts to Fight Money Laundering

The inter-governmental Middle East and North Africa Financial Action Task Force (MENA-FATF) removed Morocco from the list of countries that need a follow-up process on the concerns of money laundering and financing terrorism. Rabat celebrates, as the country’s endeavor to fight fraud and dubious financing is witnessing first results. Morocco has been also removed from […]

Algeria to Privatize Banks in Response to Oil Price Slide

State-owned banks in Algeria will soon be allowed to list in the stock exchange as Algiers continues to stumble in the aftermath of the plummeting oil prices. The privatization of the state-owned banks is an attempt by the Algerian government to promote its underdeveloped banking sector and diversify sources of revenue after the drop in […]

EU Commissioner for Mediterranean: Morocco, key & reliable partner

European Commissioner for the Mediterranean Dubravka Šuica has described Morocco as “a key and reliable partner for the EU, in the Mediterranean and beyond in Africa.” The Commissioner made the remarks in a tweet posted Tuesday on X following her talks with Moroccan Foreign minister Nasser Bourita. She sai her “insightful” discussion with Bourita, focused […]