Europe Headlines International Morocco

Rabat Renews Commitment to Combat Terror Financing

Morocco has renewed its strong commitment to combat terrorism and its funding, as the scourge threatens peace and stability in the region and the world. Speaking at an international conference held Thursday in Paris under the theme:” No Money for Terror”, Moroccan Finance Minister Mohamed Boussaid said the fight against terror financing remains a priority […]

Asia Finance Headlines International Morocco

Morocco’s Finance Minister Selected Chairman of IDB Board of Governors

Morocco’s Economy and Finance Minister Mohamed Boussaid was selected Chairman of the Board of Governors of the Jeddah-based Islamic Development Bank Group (IDB) for a year. The tenure will end at the end of the 44th Council meeting, scheduled to take place in Marrakech in April 2019, said a statement from the Finance Ministry. Boussaid […]

Finance Headlines Morocco

IDB Funding for Morocco Amounts to $6.8 bln by 2017

Morocco ranks as the sixth largest recipient of the Islamic Development Bank funding with total loans amounting to $6.8 billion said Economic and Finance Minister Mohamed Boussaid. Speaking at the opening of the 43rd annual meeting of the group, Boussaid said the bank offered $2.9 billion to fund development projects in areas covering energy, transport, […]