Did the movie Innocence of the Muslims cast a shadow on the romanticism of the Arab Spring? This amateur production was the work of an Egyptian Coptic who evidently drew a satirical picture of Muhammad. The movie was barely watched when its 14-minute “trailer” was first uploaded to You Tube in June. But then a […]
Increased imports and falling receipts from tourism and remittances by Moroccans living abroad have widened the trade deficit to 40.2 million dirhams, that is 36% rise compared to the same period last year. The trade deficit stood at 29 million dirhams the same period last year, the Moroccan foreign exchange regulator said in its latest […]
The Central bank said it will intervene to ensure there is enough cash for banks through increasing three-fold their refinancing capacity in dirham and hard currency. The move comes as a lifeline for Moroccan banks to offset the financial repercussions of coronavirus and help them offer loans for enterprises and households, the central bank said […]
