Finance: Will Participatory Banks Take Risks Without Takaful? : "The participatory banks can from now on open current accounts. On the other hand, for financing, only Mourabaha Immobilière is now allowed. The question is whether these banks will take the risk without Takaful insurance products. The market reflects two views."
Business Survey of HCP: Households Recover Morale Six Years Ago: "Moroccan households would likely be serene. The results of the ongoing business survey conducted by HCP in this population show a marked improvement in their morale in the second quarter of 2017. The index that measures their confidence thus amounted to 85.8 points, a level that has not been achieved since the third quarter of 2011 when ICM had a historical peak of 86.5."
Read more at: LE MATIN DU SAHARA
For an Amount of 2 Million Dollars: OFPPT Provides Technical Assistance to Ivory Coast: "The Office for Professional Training and Promotion of Work (OFPPT) shares its know-how in Ivory Coast. A pioneering project is set on track to accompany this close country to upgrade its vocational training system. This support is part of the new generation of projects that the financial institution initiates in accordance with the "Reverse Linkage" approach."
Participatory Banks: Umnia Bank Officially Starts Its Activity: "Dreams come true for banks institutions operating in the sphere of participatory finance. The activity officially begins in Morocco after years of implementing a participatory ecosystem making the Kingdom a regional reference. After Bank Assafa, which declared the launch of its activities as a preview, it is the turn of Umnia Bank to announce the activation of its services across all regions of Morocco."
Read more at: AUJOURD'HUI LE MAROC
Drinking Water: The Almost Generalized Access Rate in Rural Areas: "The rate of access to drinking water in rural areas will have to reach 96.5 percent by the end of 2017, thanks to the volume of investment mobilized, which exceeds 1 billion Dirhams each year, affirmed the Secretary of State in charge of Water, Charafat Afilal, in Rabat, on Tuesday. Replying to an oral question in the House of Councilors, Ms. Afilal stressed that all measures have been taken to alleviate the disruption of water supply through the realization of drinking water supply projects from dams and the installation of regional drainage canals."
Parliament: The Finance Commissions Debate PLF 2018: "The Finance Commissions of the two Houses of Parliament will hold a joint meeting on Thursday for the presentation of the general framework of the drafting of the finance bill (PLF) for the year 2018. The Minister of Economy and Finance will present a presentation on the general framework for the development of the next PLF, in accordance with Article 47 of Organic Law No. 130.13 of the Finance Bill, indicates Tuesday a joint statement of the two Chambers.
The meeting, which shall be held in accordance with the measures of regulations of the two Houses, will commence at 3 pm at the seat of the House of Representatives, adds the same source."
Read more at: AL BAYANE
The Dirham Strengthens Against the Dollar: "Close to parity at the beginning of the year, the euro has moved away from the dollar. The European currency has since increased by 11% and is currently trading against 1.16 dollars. Consequently, the dirham whose basket is weighted at 60% in euros bombs the torso against other currencies."
Education, the Endless Reform: "Mohamed Hassad has the heavy task of steering the reform, which is supposed to revive an agonizing sector. From the primary to the university, the minister has just disclosed the details of his action plan to the Higher Council of Education. Many new features are planned, such as the opening of the public preschool in September, the launch of the international course in 250 colleges, the strengthening of the offer of the pro bac... except that several blockages persist, notably the lack of budget and the deficit of teachers."
Read more at: L'ECONOMISTE
Shooting Correction in October: The Minister of National Education and Labor Unions Agree on a New Movement of Transformation: "The long-awaited meeting between the Minister of National Education, Vocational Training, Higher Education, and Scientific Research; and the six most representative labor unions was held in Rabat the day before yesterday. On the menu of this meeting which lasted from 10 to 16 hours, were the problems of the sector, namely that of the national transformation which provoked an outcry from teachers and their labor union representatives."
Emergency Meeting of the Arab Parliamentary Union in Rabat: The Israeli Violations of the Sacred Al-Aqsaa Agenda: "The Moroccan Parliament hosts today the works of the emergency meeting of the 25th Conference of the Arab Parliamentary Union (UPA) around the blatant Israeli violations of the sacredness of Al-Aqsa mosque."
Read more at: LIBERATION
Participatory Banks: Official Start! : "The account agreements and Murabaha Immobilière were ratified by the High Council of Ulemas earlier this week. Bank Assafa and Umnia Bank, which were awaiting these documents, received their first clients on Wednesday, July 26."
Land Policy, Real Estate Strategy... Action Plans of El Othmani: "Addressing deputies as part of the monthly meeting in the House of Representatives devoted to the general policy, the Head of Government, Saad-Eddin El Othmani, seems to adopt a participatory approach for the management of certain issues of concern to economic operators and citizens. In response to issues particularly relating to land, real estate, and water scarcity management policies, El Othmani is doing his best."
Read more at: Les Inspirations Eco
Credit : IMPERIUM MEDIA
