Morocco
Qatar Donates $250,000 to Morocco's COVID-19 Response Fund
The State of Qatar has made a donation of $250,000 to the Special Covid-19 Fund, set up by King Mohammed VI in March last year for the management of the pandemic.
Topic
Funds
Morocco
Morocco's King Unveils $12.8 Billion Economic Recovery Plan Amid COVID-19 Crisis
In order to effectively deal with the effects of the Covid-19 health crisis, King Mohammed VI announced on Wednesday the implementation of a 120 billion dirham support plan for the economy, or 11% of the kingdom’s Gross Domestic Product (GDP).
Morocco
Moroccan Artists Auction Works to Support COVID-19 Relief Fund in Tangier
An art auction was held on Saturday in Tangier. The funds raised will be fully paid into the Special Fund for the management of the new coronavirus pandemic.
Morocco
Bank of Africa Streamlines Tourist Allocation Process for Stranded Moroccans Abroad
Moroccan residents stranded abroad have the possibility to activate the tourist allocation estimated at 20,000 dhs per adult. This is a facility that Bank Of Africa (BOA) makes available to its customers.
Morocco
World Bank Predicts Sharp Drop in Remittances to Developing Countries Amid Pandemic
The World Bank states that remittances from the diaspora to developing countries will experience a historic decline due to the health crisis affecting almost all countries in the world. This will also be the case for Moroccans living abroad .
Sport
Moroccan Soccer Star Donates $10,000 to National COVID-19 Relief Fund
Mobilization and solidarity around the fight against coronavirus is sparing no sector of Moroccan society. Walid Azaro has just joined the list of contributors by offering 100,000 dirhams to the covid-19 fund.
Morocco
Moroccan Private Schools Donate $200,000 to COVID-19 Fund After Controversy
The private education sector, after having aroused the anger of Moroccans with demands deemed inappropriate, has just contributed to the Covid-19 fund. It has donated 2 million dirhams to cover health expenses and support economic sectors affected by the crisis.
Morocco
Moroccan Music Manager Donates 500,000 Dirhams to COVID-19 Relief Fund
As a sign of solidarity with his fellow citizens, the artistic director of the singer Maître Gims, Youssef Aarab, is contributing 500,000 dirhams to the fund set up to mitigate the economic consequences of the coronavirus.
Morocco
Moroccan Lawmaker Proposes Economic Relief Plan Amid Coronavirus Crisis
Deputy Omar Balafrej is concerned about the management of the fund set up to fight the effects of coronavirus in Morocco. On Wednesday, he presented a list of proposals to the government.
Morocco
Morocco's OCP Group Donates 3 Billion Dirhams to National Coronavirus Fund
The special fund set up to manage the coronavirus pandemic benefits from the mobilization and contribution of large Moroccan groups. With the tidy sum of 3 billion dirhams, the OCP group has contributed to help overcome this virus.
Morocco
Morocco's King Mohammed VI Allocates $1 Billion for Coronavirus Response Fund
King Mohammed VI has instructed the government council to create a special fund dedicated to managing the Coronavirus pandemic.
Morocco
Moroccan Bank Director Jailed for $1 Million Client Fund Embezzlement
The director of a bank branch in Tangier and his assistant were sentenced to 4 and 3 years in prison respectively, for their alleged involvement in a case of embezzlement. The sentences were handed down by the financial crimes chamber of the Rabat Court of Appeal.