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Abdellatif Jouahri
Abdellatif Jouahri ( ar, عبد اللطيف الجواهري, born June 10, 1939) is a Moroccan banker and politician. Since 2003, he has served as the Governor of the Central Bank of Morocco. Biography After completing his studies at the Faculty of Law and Economic Sciences in Rabat, Abdellatif Jouahri held various significant positions in government and banking. He began as the Minister Delegate to the Prime Minister responsible for the reform of public enterprises in 1978. Following that, he served as the Minister of Finance from 1981 to 1986. From 1986 to 1995, he assumed the role of Chairman and CEO of BMCE and Chairman of GPBM. From 2002 to 2003, he held the position of Chief Executive Officer of CIMR. Since 2003, he has been serving as the Governor of Bank Al-Maghrib. Jouahri, has consistently been recognized as one of the world's best central bankers. Global Finance Magazine featured him in their esteemed list in 2017, where he secured an A grade for his performance. ...
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Moroccans
Moroccans (, ) are the citizens and nationals of the Kingdom of Morocco. The country's population is predominantly composed of Arabs and Berbers (Amazigh). The term also applies more broadly to any people who are of Moroccan nationality, sharing a common culture and identity, as well as those who natively speak Moroccan Arabic or other languages of Morocco. In addition to the approximately 37 million residents of Morocco, there is a large Moroccan diaspora as part of the wider Arab diaspora. Considerable Moroccan populations can be found in France, Spain, Belgium, Italy, and the Netherlands; with smaller notable concentrations in other Arab states as well as Germany, the United Kingdom, the United States, and Canada. Ethnic groups Moroccans are primarily of Arab and Berber origin as in other neighbouring countries in the Maghreb region. Arabs make up 67% of the population of Morocco, while Berbers make up 31% and Sahrawis make up 2%. Socially, there are two contrast ...
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Bank Al-Maghrib
The Bank Al-Maghrib ( ar, بنك المغرب, ) is the central bank of the Kingdom of Morocco. It was founded in 1959 as the successor to the State Bank of Morocco (est. 1907). In 2008 Bank Al-Maghrib held reserves of foreign currency with an estimated worth of US$36 billion. In addition to currency management, the Bank Al-Maghrib also supervises a number of private banks supplying commercial banking services. The bank is headquartered on Avenue Mohammed V in Rabat; it has a branch in Casablanca and agencies in 18 other cities in Morocco. History In 1958, the Moroccan government commenced negotiations with France and the State Bank of Morocco to reclaim for itself the right to issue money. Decree n° 1.59.233 of 30 June 1959 created the Banque du Maroc, which took over the issuance of money the next day, and replaced the State Bank of Morocco. In October, the Banque du Maroc issued a new currency, the dirham. The Banking Act of 21 April 1967 enhanced the role of "Banque ...
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Mohamed Seqat
Muhammad was an Islamic prophet and a religious and political leader who preached and established Islam. Muhammad and variations may also refer to: *Muhammad (name), a given name and surname, and list of people with the name and its variations Persons with the name Muhammad and no other name *Muhammad (Bavandid ruler), 13th-century Iranian monarch *Muhammad V of Kelantan (born 1969), 15th Yang di-Pertuan Agong and Sultan of Kelantan *Mohammed VI of Morocco (born 1963), King of Morocco * Muhammed VII, Sultan of Granada (1370–1408) *Muhammad VII of Bornu of the Sayfawa dynasty (1731–1747) * Muhammed VIII, Sultan of Granada (1411–1431) *Mohammed VIII of Bornu of the Sayfawa dynasty (1811–1814) Places * Mohammad-e Olya, a village in Fars Province, Iran *Mohammad, Gachsaran, a village in Kohgiluyeh and Boyer-Ahmad Province, Iran *Mohammad, Kohgiluyeh, a village in Kohgiluyeh and Boyer-Ahmad Province, Iran *Mohammad, Sistan and Baluchestan, a village in Sistan and Baluchesta ...
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Fez, Morocco
Fez or Fes (; ar, فاس, fās; zgh, ⴼⵉⵣⴰⵣ, fizaz; french: Fès) is a city in northern inland Morocco and the capital of the Fès-Meknès administrative region. It is the second largest city in Morocco, with a population of 1.11 million according to the 2014 census. Located to the north west of the Atlas Mountains, Fez is linked to several important cities of different regions; it is from Tangier to the northwest, from Casablanca, from Rabat to the west, and from Marrakesh to the southwest. It is surrounded by hills and the old city is centered around the Fez River (''Oued Fes'') flowing from west to east. Fez was founded under Idrisid rule during the 8th-9th centuries CE. It initially consisted of two autonomous and competing settlements. Successive waves of mainly Arab immigrants from Ifriqiya (Tunisia) and al-Andalus (Spain/Portugal) in the early 9th century gave the nascent city its Arab character. After the downfall of the Idrisid dynasty, other emp ...
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Morocco
Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to the east, and the disputed territory of Western Sahara to the south. Mauritania lies to the south of Western Sahara. Morocco also claims the Spanish exclaves of Ceuta, Melilla and Peñón de Vélez de la Gomera, and several small Spanish-controlled islands off its coast. It spans an area of or , with a population of roughly 37 million. Its official and predominant religion is Islam, and the official languages are Arabic and Berber; the Moroccan dialect of Arabic and French are also widely spoken. Moroccan identity and culture is a mix of Arab, Berber, and European cultures. Its capital is Rabat, while its largest city is Casablanca. In a region inhabited since the Paleolithic Era over 300,000 years ago, the first Moroccan s ...
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Ministry Of Economy And Finance (Morocco)
The Ministry of Economy and Finance of Morocco is a department of the Government of Morocco in charge of public finances of Morocco. Ministers of Economy and Finance * Abdelkader Benjelloun, December 1955 - October 1956 * Charif Abdellah Chefchaouni, July 1958 - July 1958 *Abderrahim Bouabid, December 1958 - May 1960 * M'hamed Douiri, May 1960 - January 1963 *Driss Slaoui, January 1963 - August 1964 * Mohamed Cherkaoui, August 1964 - June 1965 * Mamoun Tahiri, June 1965 - March 1970 * Abdelkrim Lazrak, March 1970 - August 1971 * Mohammed El M'Daghri, August 1971 - August 1971 *Mohammed Karim Lamrani, August 1971 - April 1972 * Mustapha Faris, April 1972 - November 1972 * Bensalem Ghessous, November 1972 - April 1974 * Abdelkader Benslimane, March 1974 - November 1977 * Abdellatif Ghissassi, October 1977 - March 1979 * Abdelkamel Reghaye, March 1979 - November 1981 * Abdellatif Jouahri, November 1981 - April 1986 * Mohamed Berrada, April 1986 - November 1993 * M'hamed Sagou, Novem ...
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BMCE Bank
Bank of Africa is a large commercial bank in Morocco, known until 2020 as Banque Marocaine du Commerce Extérieur (BMCE, (; "Moroccan Bank of Foreign Commerce"). According to the company's website, it operates over 697 branches A branch, sometimes called a ramus in botany, is a woody structural member connected to the central trunk of a tree (or sometimes a shrub). Large branches are known as boughs and small branches are known as twigs. The term ''twig'' usually r ... in Morocco. It is part of the Casablanca-headquartered Bank of Africa Group. External links Banque Marocaine du Commerce Extérieur ExterieurCurrency Exchange Practices at Moroccan Banks Banks of Morocco Companies based in Casablanca Crédit Mutuel {{Morocco-stub ...
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Moroccan Dirham
The Moroccan dirham ( ar, درهم, translit=dirham, ary, درهم, translit=derhem; ber, ⴷⵔⵀⵎ, translit=drhm; sign: DH; code: MAD) is the official monetary currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. One Moroccan dirham is subdivided into 100 ''santimat'' (singular: santim; ar, سانتيم). History The word '' dirham'' derives from the Greek currency, the ''drachma''. The Idrissid dirham, a silver coin, was minted in Morocco under the Idrisid dynasty from the 8th to 10th centuries. Before the introduction of a modern coinage in 1882, Morocco issued copper coins denominated in ''falus'', silver coins denominated in ''dirham'', and gold coins denominated in ''benduqi''. From 1882, the dirham became a subdivision of the Moroccan rial, with 500 Mazunas = 10 dirham = 1 rial. When most of Morocco became a French protectorate in 1912 it switched to the Moroccan franc. The dirham was reintroduced on 16 October 1960. It replaced ...
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Economy Of Morocco
The economy of Morocco is considered a relatively liberal economy, governed by the law of supply and demand. Since 1993, Morocco has followed a policy of privatization of certain economic sectors which used to be in the hands of the government. Morocco has become a major player in African economic affairs, and is the 5th largest African economy by GDP (PPP). The World Economic Forum placed Morocco as the 1st most competitive economy in North Africa, in itAfrican Competitiveness Report 2014–2015 The services sector accounts for just over half of the GDP. The industry sector– consisting of mining, construction and manufacturing – is an additional quarter. The sectors that recorded the highest growth are the tourism, telecoms, and textile sectors. Morocco, however, still depends to an inordinate degree on agriculture, which accounts for around 14% of GDP but employs 40–45% of the Moroccan population. With a semi-arid climate, it is difficult to assure good rainfall and M ...
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List Of Central Banks Of Africa
There are two African currency unions associated with multinational central banks; the West African Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) and the Central African Banque des États de l'Afrique Centrale (BEAC). Members of both currency unions use the CFA Franc as their legal tender. Below is a list of the central banks and currencies of Africa. See also * Africa * Economy of Africa * List of African countries by GDP (nominal) * List of African stock exchanges * List of currencies in Africa African currency was originally formed from basic items, materials, animals and even people available in the locality to create a medium of exchange. This started to change from the 17th century onwards, as European colonial powers introduced thei ... References World Economic Outlook Database, October 2012 International Monetary Fund. Accessed on October 10, 2013. {{DEFAULTSORT:Central Banks And Currencies Of Africa Africa-related lists Currencies of Africa
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1939 Births
This year also marks the start of the Second World War, the largest and deadliest conflict in human history. Events Below, the events of World War II have the "WWII" prefix. January * January 1 ** Third Reich *** Jews are forbidden to work with Germans. *** The Youth Protection Act was passed on April 30, 1938 and the Working Hours Regulations came into effect. *** The Jews name change decree has gone into effect. ** The rest of the world *** In Spain, it becomes a duty of all young women under 25 to complete compulsory work service for one year. *** First edition of the Vienna New Year's Concert. *** The company of technology and manufacturing scientific instruments Hewlett-Packard, was founded in a garage in Palo Alto, California, by William (Bill) Hewlett and David Packard. This garage is now considered the birthplace of Silicon Valley. *** Sydney, in Australia, records temperature of 45 ˚C, the highest record for the city. *** Philipp Etter took over as Swi ...
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Finance Ministers Of Morocco
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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