Negotiations for a loan agreement have commenced between the World Bank and the Egyptian government for the financing of the privatization and restructuring of the public sector. The government is being urged by Dr. Fakhry El-Fekky, the former International Monetary Fund’s assistant managing director to uphold the privatization process that was began by the former […]
King Mohammed VI pointed out Wednesday that the so-called Arab Spring which caused destruction, chaos and human tragedies turned out to be a calamitous autumn and that the Arab world is going through a difficult period. He also warned against the conspiracies which seek to destabilize the few countries that have managed to safeguard their […]
Morocco’s Central Bank, Bank Al-Maghrib, and the European Bank for Reconstruction and Development organized on Wednesday in Rabat a workshop on London Inter-bank Offered Rate (LIBOR) reform and the new money market benchmark in the North African country. Participants in the workshop discussed the implications of changes in the benchmark indexes used on the international […]
