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Moroccan stock exchange launches futures market

Moroccan financial regulators announced the launch of the futures market which would help the Casablanca stock exchange attract more investors. The launch was announced in a ceremony by bourse regulator AMMC, the finance ministry and the central bank, who all highlighted the importance of the financial instrument in the reforms launched by the country to […]

Gabon: Ruling party urges incumbent President Ali Bongo to seek re-election next year

The ruling party in Gabon, Gabonese Democratic Party (PDG), called Saturday on the country’s leader Ali Bongo Ondimba to run for next year elections, for a third 7-year term. “We have come not only to revitalize our party but also to seek Ali Bongo Ondimba’s candidacy for the future of our country”, said Prospere Abessolo […]

Saudi Arabia, UAE, Bahrain Condemn Iran’s support for Polisario

Morocco’s allies in the Gulf Cooperation Council, Saudi Arabia, the UAE and Bahrain, condemned Iran’s support for the Polisario separatists and welcomed the decision to sever ties with Tehran. Morocco announced Tuesday that it has cut diplomatic ties with Iran over its involvement in backing an alliance between Lebanese Shia militia Hezbollah and the Polisario […]