Moroccan-israeli-business forum-may 2022

Egypt sovereign sukuk needs religious consensus

A U-turn has been done by the government after criticisms by Islamic religious leaders concerning a draft law which will permit the government to issue sukuk. Making the announcement, the finance minister Al-Mursi Al-Sayed Hegazy said the revision of the draft law will be done after meeting with top officials of Egypt’s prestigious Al-Azhar university […]

Casablanca, Rabat Regions comprise 48% of Morocco’s GDP

The regions of Casablanca-Settat and Rabat-Salé-Kénitra continue to drive the Moroccan economy making up 48.3% of Morocco’s GDP in 2014, the Higher Planning Commission (HCP) said. The region of Casablanca-Settat accounted for 32% of Morocco’s GDP followed by Rabat-Salé-Kénitra by 16.3%. Five other regions produced 40.3% of Morocco’s GDP. These regions are Tangier-Tétouan-Al Hoceima (9.4%), […]

Libya: LNA commander withdraws from Skhirat political accord, a coup critics say

The renegade east-based commander of the Libyan National Army, Khalifa Haftar, announced on Monday April 27 his withdrawal from the political agreement concluded in 2015 in Skhirat, Morocco, which had allowed the formation of the Government of National Accord (GNA), currently led by Fayez El Serraj. In a televised speech aired Monday night, Hafter said […]