The Polisario Front announced on Monday the arrest of 19 Moroccans for smuggling and drug trafficking. Through its media outlets, the separatist movement is trying to draw attention away from the drug trafficking war that broke off earlier this month between Brahim Ghali and Mohamed Lamine Ould El Bouhali‘s gangs.
Several leading figures of the Hirak popular movement reacted on Monday night to the prohibition of a peaceful march, scheduled for Thursday the 20th of July in Al Hoceima. Among them, El Mortada Iamrachen who launched an appeal for Moroccans living abroad currently on holidays.
The process of floating the national currency has not been finalized yet. The central bank is still obligated to set a fluctuation band that would tie the value of the dirham through a managed float highly suggested by the International Monetary Fund. Announced as a potential 5% fluctuation band by the Head of the government, the CGEM alongside the GPBM both deem it higher than they had expected.
Saliha Bochhah is a thirty-year-old young woman who goes to work every day in order to help women and most precisely those of Moroccan descent, thanks to her association named SaSafit, which enabled her to find hope where there were any.
The Moroccan Jewish community is living in peace with Muslims here in the kingdom. Establishing a harmonium relationship that dates back decades ago before the foundation of Israel in 1948. Unlike other Arab countries Morocco remains one of the most tolerant nations towards Jews.
Morocco has been ranked 5th among the most attractive Arab countries for foreign direct investment. The Annual report issued by the Arab Investment and Export Credit Guarantee Corporation considers Morocco as an appealing destination for foreign investors in the Maghreb region.
The Minister of Foreign Affairs and International Cooperation visited Moscow yesterday in an attemt to revive Moroccan-Russian strategic relations. In addition to the economic benefits of the royal visit in March 2016, welcomed by Nasser Bourita, Morocco and Russia adopt almost the same opinions regarding a number of international issues.
Morocco’s government adopted on Thursday a bill regarding amendments to the status of Bank Al-Maghrib (BAM), which will grant it more autonomy. The new project comes hand in hand with the new exchange rate flexibility measure and is a step towards central bank independence (IBC) recommended by the International Monetary Fund.
Accused of «advocacy and incitement of terrorism» following the assassination of the Russian ambassador to Ankara last December, the seven young facebook users were sentenced on Thursday to prison ranging from one to two years. A ruling that remains «exaggerated and distressing», according to their lawyer.
To prevent the occurrence of another scenario similar to the Hirak movement in the Rif region, El Othmani’s government is set to visit a number of regions in order to evaluate the implementation of developmental projects. Béni-Mellal and the three regions of the Sahara will be the first parts to benefit from this operation.
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