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The Banker highlighted Jouahri’s strategies to safeguard Morocco’s economic stability in 2023, as well as his dedication to social causes.
International financial affairs magazine The Banker has named the Governor of Morocco’s Bank Al-Maghrib (BAM) Abdellatif Jouahri Africa’s Central Bank of the Year 2024.
Earning the top spot for Africa in the Financial Times-owned outlet’s ranking highlightedJouahri’s leadership in the African banking sector, as well as his contributions during a period of remarkable growth and resilience.
Jouahri’s tenure spans two decades, marked by his adept steering of Morocco’s banking sector and the broader economy.
The Banker acknowledged Jouahri’s role in the relief efforts following the devastating Al Haouz earthquake that hit central Morocco in September of 2023.
The magazine noted that Bank Al-Maghrib, Morocco’s central bank, donated MAD 1 billion to the country’s relief fund for the earthquake, and “was quick to offer support for sectors of the economy most impacted by the tragedy.”
In addition, the Banker lauded Jouahri’s decisions, including BAM’s “relative success” in tackling inflation. The Moroccan central bank was one of the first African central banks to hold interest rates in 2023, after lifting them to 3% in March, allowing the economy to absorb the impact of rate rises.
“After a slight uptick in August, the bank continued to hold its nerve, a move that was vindicated by inflation falling back down to 4.3% in October from a high of 10.1% in February,” the magazine explained.
The Banker also highlighted the launch of Morocco’s instant payment system (IPS) in June, which aimed to advance the country’s financial infrastructure.
Commenting on the recognition, Jouahri expressed “considerable satisfaction” for receiving the top spot in the ranking, emphasizing the key role of central banks in overcoming global challenges.
“I am convinced of central banks’ pivotal role in overcoming the major challenges that beset the world. Foremost among these is climate change: the consequences of which are steadily worsening,” he said.
In light of escalating political tensions and the prolonged inflationary trends, Jouahri underlined the heightened challenges that central banks face.
He called on these financial institutions to “optimise their monetary policy decisions to safeguard the purchasing power of citizens, especially the most underprivileged among them, and improve investor confidence in the future of their companies.”
The London-born aspiring actress has a deep appreciation for her Moroccan heritage – which may explain why migration is an issue so close to her heart.
Nora Attal has the index finger of one manicured hand extended across the bridge of her nose, and the straightest face she can muster in the circumstances.
It started as an attempt to brush aside the fuss made about her eyebrows, which are, according to various beholders, glorious, serious, stunning, bold, thick, enviable and — somewhat at odds — natural and well groomed.
But now the British-Moroccan fashion model is mulling over a new signature look. “Oh, no! They’re just hair on my face,” Attal tells The National, embarrassed and amused by the attention. “I get them from my Dad — he has very bushy eyebrows.
“If I didn’t groom them, they would be a monobrow. Actually, I saw the film Frida yesterday. It was incredible. I think,” she pauses to regard the mocked-up effect in the zoom camera, “I might just do that … grow a monobrow.”
Perhaps such thinking is to be expected after a 48-hour infusion of cultural rebellion. The day before watching the biopic on the hirsute and indomitable Mexican artist Frida Kahlo, Attal was celebrating turning 23 at her first ever music festival near her home in Spain.
There, she was among the crowd asked by flamboyant American rapper and actress Megan Thee Stallion to make a particular gesture of protest to the US Supreme Court for overturning Roe v. Wade.
“Megan Thee Stallion’s my new icon,” Attal, an enthusiastic gesticulator in daily life, says, “but who I look up to evolves all the time.”
She favours strong, not-so-silent types. Michelle Obama, the former first lady of the US, was top for a while for always telling it as it is — “I still respect her a lot” — along with actor, musician and serial disrupter Riz Ahmed and the Arab writer and women’s rights champion Leila Slimani.
“People like this, I love. I really try to take in their energy,” she says.
It’s a fighting spirit that Attal herself embodied recently when Maria Grazia Chiuri, the creative director of the French fashion house Dior, reportedly said that “models don’t represent women … the model is only a girl who passes in front of you”.
Having walked the runway for Dior 20 times since Chiuri took over, an indignant Attal vented on her Instagram stories, posting: ‘And to hear that I’m not a woman … she is very vocal about her feminism narrative, yet so archaic in thinking that models should only be hangers”.
“Coming into adulthood has been quite nice,” she tells The National. “I understand myself more and, because of modelling, I’ve travelled such a long time alone, experienced a lot, and I’ve maybe grown up quicker.
“I’m definitely more confident, like the way I speak to adults in the industry.”
She recalls being a shy, studious little girl, born in London to two Moroccan parents, Charhabil (Charlie) and Bouchra, and growing up on a council estate in Battersea until the family moved to Surrey.
Sport was an outlet, sometimes whether she liked it or not because of her talent for everything from gymnastics, basketball and tennis to golf and representing her county in long-jump.
Saturday mornings in the house were full of music, regularly featuring Michael Jackson, Prince, Stevie Wonder, and Diana Ross, to whose live performance Attal would dance the night away at a star-studded after party in Marrakech a decade later.
The walls of her childhood bedroom were plastered with magazine covers and fashion campaigns, America’s Next Top Model was the programme of choice, and she would doodle clothes on mannequins in English class instead of writing, say, the set essay on Thomas Hardy.
Yet the industry wasn’t one that young Nora easily identified with or conceived of entering, not least because “there weren’t many people who looked like me”.
“I don’t think she would have ever imagined anything like this,” Attal says, her hands making an all-compassing vertical circle in the air. “Ever, ever, ever.”
It wasn’t long, though, before the striking 12-year-old in blue Converse trainers and a hoodie was first spotted while out in a shopping mall.
“My Dad said ‘yeah, no’ when I went to see the agency,” she remembers with a smile, “and I really appreciate that now …
“It’s tough. I don’t think that young girls should be working in such an adult industry, which doesn’t have a union or HR department that you can go to.”
Modelling, it seems, wasn’t going to take no for an answer. Two years later, the British fashion and documentary photographer Jamie Hawkesworth turned up at her high school, casting for a JW Anderson campaign.
Attal subsequently debuted as Anderson’s muse, dubbed “the mystery girl”, and spent the next few years fitting fashion shows and shoots around education, poring over textbooks while waiting at castings or back stage after hair and make-up.
A fortnight before receiving her A-Level results in History, Psychology and Art at Ewell Castle School, the September issue of British Vogue landed in newsagents with Attal on the cover beside Kate Moss, Edie Campbell, Stella Tennant and Jean Campbell.
The avid true-crime fan was offered a place at Greenwich to study criminology but “took a gap year, deferred it and then dropped it”.
“Working in this industry, I can see that almost anything is possible if you put your mind to it,” she says. “I think everyone should know that.
“My family, being Moroccan, would have loved it if I became a doctor or a lawyer or a pharmacist, and had a normal life but you should do what makes you happy — and you will be successful.”
Represented by Viva Model Management, her own success can be measured by the fact that it would be faster to name the exclusive brands, designers, magazines and celebrity photographers that she hasn’t collaborated with than those she has.
Her brown doe-like eyes, long dark hair and slender 5ft 10in figure quickly became a mainstay on the global circuit in an ascent likened to that of Gigi Hadid.
As with Hadid, she has come to treasure her Mena heritage, and an appreciation has deepened over the years for the hardships that her parents overcame as immigrants “for me to get where I am”.
“It is really important for me to remind myself of that,” she says.
It makes her all the more sensitive to the migration issues prevalent in the UK, particularly the controversial policy of deporting asylum seekers to Rwanda. She has just sent an email opposing the plan to her local MP in England, and urged her 71,000 Instagram followers to do the same.
“I think it’s terrible, I really do. My mum has friends from Syria and Iraq. It could be anyone. Even if you don’t have Syrian friends or Iraqi friends, it’s just a basic human right.”
She talks about what it has meant to have been able to incorporate her North African roots into modelling work many times during a vibrant career.
The editor of Vogue Arabia, Manuel Arnaut, described her as “cool, contemporary and a great ambassador of the Arab world” when she graced the December 2017 cover in a Berber ceremonial headpiece.
Among several shoots with the noted American photographer Steven Meisel was one set against the dunes of the Sahara, and she has traversed a catwalk at El Badi Palace in Marrakech.
But perhaps her favourite fashion “story” ever was for a Vogue Italia issue devoted to DNA. The editorial team descended on Attal’s ancestral home in Larache, near Tangier, where she has spent two months every year since she was a toddler.
Her abiding memories of those visits are the aromas of tagine and couscous emanating from the kitchen of her grandmother, Fatna, and forays to the picturesque old town of Chefchaouen in the surrounding hills or along the coastline in search of quiet bays.
This time, though, Fatna lined up in the family living room next to Attal, her brother, Adam, sister, Yesmin, and parents, all dressed top to toe in Chanel for a black and white photo shoot.
“My grandma had never seen anything like it in her life,” she says, fondly. “She thought it was quite strange but was excited. She really loved it.”
More recently, her extended family fronted Ralph Lauren’s holiday campaign for Eid in a video clip that also included Attal’s then fiance, Victor Bastidas, a director and cinematographer 10 years her senior.
The couple met on location at the 16th-century Samode Palace nestled in the ancient Aravalli hills outside Jaipur, but it is all a bit of a blur to Attal now.
What stands out most is being photographed aged 17 by Mario Testino alongside an elephant painted with orange and pink food dye, and embellished in heavy jewellery.
“Arrrgh!,” she says, reliving the excitement and leaning back to show the proximity with her hands. “I shot with an elephant in real life that had to be just here.”
Happily, Bastidas and Attal bonded years later in London over their mutual love for the music written and performed by Thom Yorke for Luca Guadagnino’s supernatural horror film Suspiria, and began dating just before the coronavirus tightened its grip on the world.
Their fairy-tale wedding was held a few months ago at Cortijo San Francisco, a 1,900-square-metre “farmhouse” in Estepona, near Marbella, built as a refuge by the Hollywood actor Stewart Granger who starred in King Solomon’s Mines with Deborah Kerr.
There is a picture from the day of an ornate Mexican fireplace that would have dominated the room until Attal, in strappy skyscraper heels and a breathtaking Lanvin gown, stepped down a narrow passageway into the scene.
The pandemic has marked many other new beginnings for Attal. She did a Run for Heroes in support of the NHS, painted and made lino prints, learnt to cook (pizza, ramen noodles from scratch, a mean carrot cake), and moved to Barcelona for the fresh air and to be closer to nature.
At such a time, it is unsurprising that someone whose favourite poem is William Blake’s Auguries of Innocence — “To see a World in a Grain of Sand. And Heaven in a Wild Flower …” — began to consider the wider picture.
“It was a very big reset. It made me sit down and think about what I wanted to do with my life,” Attal says.
The answer was to act, and she has just graduated from the prestigious Baron Brown Studio in California after two years of studying the Meisner technique over the internet.
Asked if she’s thought much about who she would like to work with, Attal whips out her phone. “Yes, I have lists for everything. A list of directors, of actors, films that I like, references of things.”
For the record, Guadagnino is director number one, leading, in no particular order, Todd Phillips, Pedro Almodovar, Tim Burton, Wes Anderson and the Iranian Asghar Farhadi, “though I don’t speak Farsi, but…,” she says, trailing off hopefully.
Whether theatre or independent film, Attal doesn’t mind. Just having undertaken the training is, she believes, her biggest triumph, which is saying something.
“I’m actually very proud of myself for going back to school, even though it’s on Zoom or it’s not necessarily as heavy as being a doctor.
“I’m doing things that maybe I wouldn’t have done before. I’ve taken the step to tell agents and brands that ‘No, I can’t do that job because I’m studying acting’, and I’m putting my foot down. I think, before, I doubted my abilities, and now I’m like: ‘Yeah, just do it, why not?’”
It is hard not to wonder where Attal’s forthright tendency, fervour and self-determination, so unusual in a young woman in her early 20s, come from.
A clue may lie in a single line buried among the Moroccan press coverage that describes her paternal great-grandfather as a revolutionary, poet and director. The snippet is, it has to be said, uncorroborated, but sounds just about right.
The news follows a memorandum of understanding signed in July 2022 between the Ministry of Health and Social Protection and the IAEA.
Morocco and the International Atomic Energy Agency (IAEA) have signed an agreement for the Rabat-based Sidi Mohammed Ben Abdellah National Oncology Institute, which is affiliated with the Ibn Sina University Hospital, to become a collaborating center for the IAEA.
IAEA made the announcement was made on Friday. The Moroccan institution was elected as an IAEA collaborating center during the 67th regular session of the IAEA General Conference held in Vienna from September 25 to 29.
The news constitutes a recognition of Morocco’s commitment to advancing nuclear sciences in Africa, improving access to cancer treatments, and combating animal-transmitted diseases across the continent.
Khalid Ait Taleb, the Minister of Health and Social Protection, presided over the official announcement ceremony, emphasizing that the IAEA’s accreditation is an acknowledgment of the institute’s prolonged dedication to battling cancer.
He praised the institute’s exceptional staff and expertise having elevated its standards to a commendable level of quality.
Maintaining the prestigious accreditation in the upcoming years is now a primary challenge, Minister Ait Taleb stressed. He underscored the institute’s pivotal role in combating cancer and nurturing medical expertise in the field, both nationally and continentally.
For his part, Director-General Raouf Mohsine of the Ibn Sina University Hospital in Rabat emphasized the profound significance of this election within Morocco and across the continent.
This recognition is a source of immense pride for Morocco amid ongoing reforms in the national healthcare system, he said. The milestone follows a memorandum of understanding signed in July 2022 between the Ministry of Health and Social Protection and the IAEA, through which the two institutions committed to reinforcing collaboration in the fight against cancer and zoonotic diseases.
source/content: moroccoworldnews.com (edited)
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Morocco and the International Atomic Energy Agency (IAEA)
We explore the Moroccan community in Belgium, their origins and contributions to various industries as well as politics, arts, food and literature.
Bachir M’rabet was a newborn when his father, a weaver from Tangier, received an offer to work in the textile sector in Belgium.
Despite his wife’s reservations, M’rabet’s father left Morocco in 1966 with the goal of earning as much as possible and returning to his home country after a few years. However, things did not go as planned.
A year later, an infant M’rabet and his mother and siblings joined the family patriarch in the Belgian capital Brussels.
His parents were part of a generation of Moroccan workers recruited by Belgium in the 1960s to make up for labour shortages in industries such as mining, steel, manufacturing and construction.
“I don’t believe any Moroccan migrated to Belgium with the notion that it would be a permanent move,” the younger M’rabet tells Middle East Eye.
Today, there are around 600,000 people with Moroccan heritage in Belgium, with the community accounting for almost one in every five people in Brussels alone, according to figures from the Migration Museum.
Initially, the community was made up of male workers, but in time, like the M’rabet family’s example, women and children joined them, leading to the growth of the Moroccan community which is today the largest minority in the country.
Despite the dramatic change in environment, initially at least, they were “warmly welcomed” by the local Belgian population, M’rabet says.
“It was cold and the winters were harsh. We left behind the Mediterranean blue sky and arrived in the darkness.
“We were kind of an attraction, an exotic sight in the neighbourhood. Locals used to invite my father for coffee, they would touch his hair,” M’rabet recalls.
Overcoming challenges
Many other Moroccans arrived in the 60s and despite the friendliness of some locals, it was not always smooth sailing.
The 1980s witnessed a rise in unemployment and increased anti-foreign sentiment.
“In those years, there was a noticeable presence of racism,” M’rabet recalls. “An extreme right discourse that we had forgotten since WWII resurged.”
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‘While being Belgian, I don’t forget my Moroccan roots. I won’t forget that my parents gave up everything to give us a chance for a better life’
– Bachir M’rabet, Moroccan living in Belgium
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Discrimination became more prevalent, with landlords refusing to rent to non-Belgians and establishments denying entry to foreigners, particularly Arabs and Blacks. “The most common reproach was that foreigners came to steal our jobs and our women,” M’rabet continues.
The situation worsened following 9/11 and the 2016 Brussels attacks in the metro and the airport that killed 32 people.
In the early days of their move to Belgium, the M’rabet family lived in financially austere conditions.
“There was no bath or shower. We did the laundry by hand or washed in public baths,” M’rabet recalls.
In school, his limited French language skills also made things difficult, but he was determined to help others.
Eventually, he started working for Foyer, an organisation created in 1969 to offer activities for the children of migrant workers.
According to M’rabet, the Belgian population does not consider people of Maghrebi origin as Belgians, nor are they fully accepted as such. “It is something that can be felt in the way they look at us, in daily life.”
Today, M’rabet is a coordinator at the community centre in Molenbeek, one of the poorest Belgian municipalites.
In his role, he encourages youngsters with foreign roots to embrace their Belgian identity, as Belgium is their country.
“While being Belgian, I don’t forget my Moroccan roots. I won’t forget that my parents gave up everything to give us a chance for a better life.”
Moroccan coal miners in Belgium
Following World War II, Belgium faced the need for reconstruction but suffered from a shortage of workers.
The government resorted to recruiting workers from abroad for the job as coal mining was the primary source of energy, and required strenuous labour.
The Men for Coal agreement signed in 1946 with Italy attracted men to work in the mines, but miners faced harsh conditions and discrimination leading to a halt in emigration ten years later after the death of 136 Italians in Marcinelle, Belgiums’s worst-ever mining disaster.
To fill the labour shortage, Belgium signed agreements with Spain and Greece in 1957 and with Morocco and Turkey seven years later.
Poverty and unemployment in Morocco drove people, particularly those from rural backgrounds, to leave, and in 1964, hundreds of Moroccan men between the ages of 20 and 35 arrived in Belgium.
Due to Moroccans’ “fairly good” understanding of French, they were seen positively by employers, who also regarded them as neutral, religious and submissive.
When their families joined them, it anchored them in Belgium further, eventually helping rejuvenate the country through economic expansion.
Building up Belgium
The 1960s witnessed growth in Belgian cities with new roads, tunnels, tram tracks, offices, and bridges being built.
“My father helped build many of the emblematic buildings in Brussels,” Zakia Khattabi, Belgium’s minister for climate and environment, tells MEE.
“Brussels was built with the help of the labour force of this first generation of Moroccans. The value of Moroccan immigration lies in my father’s hands,” she adds.
In the 1970s, Moroccans constituted a significant portion of the city’s public transportation system employees, with the percentage rising to 80 percent in certain depots.
The Migration Museum collected testimonies from workers, including Mohammed, who stated that “Belgians were reluctant to work for the trams due to the challenging schedules”.
When economic growth came to a halt in the late 1960s, unemployment began to rise.
Immigrants chose to stay in Belgium, having already settled their families and established a life there.
Official immigration agreements ended in 1974, but migration from Morocco continues to this day, with people seeking economic opportunities that their compatriots had benefitted from, as well as for family reunification.
Nowadays negative incidents involving individuals of Moroccan heritage often receive disproportionate attention, overshadowing their achievements.
“A falling tree makes more noise than a growing forest. We never talk about the many successful careers of Moroccan immigrants, whether in key positions of responsibility or in positions at any other level,” Khattabi continues.
“Although I’m very attached to my Moroccan ancestry, I consider myself part of the Belgian community as I was born here,” she adds.
Moroccan achievements
Today, the Moroccan community in Belgium has excelled in numerous fields, from politics to arts, academia, medicine, business and sports.
During the 2019 elections, six nationals of Moroccan origin were elected to the Chamber of Representatives, while 21 Belgian-Moroccan deputies secured seats in regional parliaments.
Adil El Arbi and Bilall Fallah are internationally recognised film directors, celebrated for movies such as Black and Bad Boys for Life and the series Ms Marvel, while Lubna Azabal has performed in critically acclaimed films like Paradise Now and Incendies.
Moroccan food has also had a strong impact on Belgian cuisine.
It is common to find dishes like tagine and especially couscous on the menus of some restaurants and in households across the country.
“People have embraced couscous as an ingredient, incorporating it into innovative and contemporary culinary creations,” chef Faty Khalis tells Middle East Eye.
Based in the Flemish city of Hasselt, Khalis adds that couscous has become a versatile base for various dishes, from salads to stews.
According to Khattabi, the young descendants of the Moroccan diaspora are asserting their right to belong to the community in Belgium today.
“In the past, the parents used to apologise for being there, while today’s youth confidently assume that they are home and claim their rights. They are also aware of their obligations and acknowledge them.”
Feeling at home in Belgium
Writer Taha Adnan left Marrakesh in 1996 to study at a university in Brussels.
In his work Reflections on Writing and Exile, he explains that he is “neither an exile nor an immigrant but rather someone who had to find a new way of life after facing two years of unemployment” in Morocco.
Today, Adnan advocates for Belgian literature in Arabic, during a time when many authors of Arab origin in Belgium choose to write in Dutch or French.
For him, Arabic contributes to a diverse Belgian identity.
He has published poetry, plays and has amplified the voices of Arab writers residing in Belgium through literary festivals and collective books.
Adnan curated two anthologies: Brussels, the Moroccan, which gathers works by Moroccan writers portraying the capital of Europe, and This is not a Suitcase featuring texts by Arab authors sharing their experiences in the northern European country.
Strolling along the canal in Molenbeek, Adnan tells MEE that he “feels at home in Belgium”.
Many people with Moroccan roots feel the same way and have taken their place in all spheres of life.
As Khattabi says: “Perhaps we need to make their presence more visible. It’s the pathways to success that need to be standardised.”
Minister Zakia Khattabi is photographed in Brussels and says that her father was part of the generation of Moroccans that helped build Belgium (MEE/Hatim Kaghati)
Regragui received the award in recognition of the Moroccan national team’s historic achievements under his leadership.
Morocco’s Head Coach Walid Regragui was named the “Best Arab and International Manager” during an award ceremony organized by Sky News Arabia on Sunday.
Regragui received the trophy at the “Legends Night 2023,” the Ramadan evening during which the Abu Dhabi-based news channel hosts and honors renowned sports legends.
Speaking at the ceremony, Wydad AC’s former coach Regragui extended his thanks to Muslims, Arab, and African people for their unconditional and consistent support for Morocco throughout the 2022 Qatar World Cup.
He stressed that his mission was to prove to the world that an African or Middle Eastern team can win the World Cup. “With your trust and support, we will achieve this,” he stressed.
“Next time inshallah we do it,” Regragui said, reiterating that the Atlas Lions are capable of becoming the first African and Arab team to win the global tournament.
In addition, he extended his thanks to King Mohammed VI for supporting the national team throughout their journey in Qatar.
Under the leadership of Regragui, the Moroccan squad managed to defy all odds and achieve the unexpected, becoming the first Arab and African team to reach the World Cup’s semi-finals in 2022.
After not having qualified for the round of 16 since 1986, Morocco not only broke the 36-year-long curse, but also managed to beat and send home some of the world’s top football giants, including Belgium, Spain, and Portugal.
Morocco eventually finished fourth after losing to Croatia in the third place play-off. However, the Moroccan national team’s heroics were widely celebrated among football fans from across the world, with many attributing their success to Regragui’s great leadership and tactics.
The widely-celebrated coach has become a national icon and the pride of millions of Moroccans across the world, having led the team to unprecedented success after only a few months in the position.
Besides Regragui, the award ceremony also honored the Moroccan Royal Football Federation (FRMF), naming it the Best Arab Federation in recognition of its achievements at both team and club levels.
Esa hopes that his new role will help him raise Morocco’s profile in the fintech and digital industry globally.
Founder and CEO of Moroccan fintech startup moneyIN Arif Esa has assumed the position of Deputy Chairman for the Banking/Finance/Blockchain & Trade Finance department at the International Trade Council (ITC).
This appointment not only recognizes Esa’s outstanding contributions but also positions him as the first Moroccan entrepreneur to hold such a role within the ITC.
Esa, who holds a stellar track record in finance and fintech, with a portfolio of global recognition and awards, spoke with Morocco World News about his motivation for taking this role, as well as his new responsibilities and objectives.
“Accepting this responsibility was not just an honor but an opportunity to provide pivotal advice and give back to the community. It also aligns seamlessly with our global vision to establish Morocco and Africa as prominent players in the fintech and digital industry,” he said.
As a globally recognized figure, Esa’s reputation in the finance and fintech industry drew the attention of the ITC panel, which spans 179 countries, 79 government trade and investment agencies, 418 chambers of commerce, and a vast network of businesses and employees.
After undergoing a “meticulous” evaluation process, Esa was humbled to be selected as the Deputy Chairman of this division, he said.
In his capacity as Deputy Chairman, Esa will play a key role in shaping the strategic direction of the ITC’s Banking/Finance/Blockchain & Trade Finance department.
This role includes overseeing various key focus areas, including financial Instruments, risk mitigation, regulatory compliance, promoting innovative solutions, and capacity building, among others.
A bridge to Morocco
Highlighting the significance of his new role, the Moroccan entrepreneur emphasized, “I am excited about the impact we can collectively achieve, and I look forward to contributing meaningfully to the growth and transformation of trade finance and continuing to promote Morocco and the economy in the years to come.”
One of the central aspects of Esa’s new position is its potential impact on the Moroccan fintech landscape and businesses. His appointment is expected to open doors for Moroccan start-ups and fintech ventures on an international platform, he said.
“With my reputation, influence, and track record in the finance and fintech industry, I am poised to attract heightened attention and interest from investors, venture capitalists, and family offices,” he underlined.
In addition, the Moroccan entrepreneur intends to use his position to advocate for supportive regulatory frameworks for fintech start-ups in Morocco, fostering an environment that encourages investment.
He also emphasized the importance of mentorship and personalized guidance, stressing that he is “committed to assisting start-ups in overcoming challenges, honing their strategies, and maximizing their potential for success.”
Esa’s engagement with international networks through the ITC is expected to provide Moroccan start-ups with expanded access to global markets, he noted, explaining that it will help them open doors to new markets and strengthen their credibility and standing on a global stage.
He further emphasized that his appointment “symbolizes a bridge between the Moroccan fintech ecosystem and the international financial landscape,” allowing him to “catalyze a transformational shift in how Moroccan start-ups are perceived, supported, and propelled towards greater success.”
Esa reflected on his journey with Morocco moneyIN, an instant payment solution, and how it prepared him for this new position.
“My journey with moneyIN Morocco has been a transformative experience that has uniquely prepared me for the prestigious role of Deputy Chairman within the Banking/Finance/Blockchain & Trade Finance department at the International Trade Council,” he explained.
He highlighted several key areas where his experience with moneyIN proved instrumental, including his ability to navigate the rapidly evolving fintech landscape and understand the potential of technologies like blockchain.
In particular, his background as an entrepreneur equipped him to empathize with the challenges start-ups face and advocate for measures that facilitate their growth.
His engagement with start-ups underscored the importance of mentorship and education, which Esa plans to extend globally.
Esa concluded by offering valuable advice to aspiring Moroccan entrepreneurs, encouraging them to “dream boldly, embrace disruption, and lead with integrity.”
He emphasized the importance of resilience, continuous learning, and global thinking, saying, “Aspire not only to make a mark but to leave an indelible legacy of positive change that reverberates across borders and generations.”
Besides his Elaqsa Watches and the newly launched Lion Watch, Fouad Zrhari unveiled plans to launch a third brand in 2024 that is entirely Moroccan.
In the world of horology, where time is measured with precision and elegance is crafted into every tick of the clock, Moroccan watchmaker Fouad Zrhari managed to fuse passion and craftsmanship and create meticulously designed pieces.
In an interview with Morocco World News, Zrhari shared his journey, one that transformed his love for watchmaking into a brand that blends the artistry of Arabic calligraphy and Morocco’s rich heritage.
A Passion ignited by chance
Zrhari’s love for watchmaking began by chance, as he describes it as “just a coup de foudre,” love at first sight.
It was the charm of timepieces that captured his heart and the idea of creating an instrument capable of measuring time, with its intricate mechanical diversity, was simply fascinating.
“The idea of creating an instrument that measures time fascinates me,” he said, adding that “the precision of tiny pieces fitting together one by one until they tell the time is just incredible.”
Like many young individuals searching for their path in life, Zrhari initially found himself at a crossroads. He stumbled upon an opportunity to attend a school for micro-mechanics, a choice that would become instrumental in shaping his destiny.
Little did he know that this decision would later lay the foundation for his future world of watchmaking. “The effort I exerted during that time serves me well today in the world of watchmaking,” he underlined.
“The school of micro-mechanics brought me immense value because it shares many similarities with instruments of measurement and calculation” which are used in watchmaking, he explained.
With his newfound skills, Zrhari went on to work with prestigious names in the industry, including Franck Muller, Roger Dubuis, and Jaeger-LeCoultre, which became his training ground. He reminisced about those days when celebrities graced the workshops.
Within these workshops, Zrhari undertook various roles, each offering a unique perspective on the art of watchmaking.
Through various roles and tasks, he learned the intricacies of the watchmaking process and emphasized the importance of the diverse trades within the industry. “This experience taught me about the entire process of watchmaking,” he said.
Turning a Dream into Reality
Yet, the defining moment of Zrhari’s journey came when he decided to take a leap of faith. Despite the challenges and strict regulations of designing watches while employed in Switzerland, he chose to work discreetly from his own home.
It was a risk, but it was fueled by a dream. “I saw many Arab personalities visiting the workshops and ordering their own models,” Zrhari recalled. “I turned to my friend and asked, ‘Why don’t Arabs manufacture their own watches?’ I didn’t understand it. Even though it might not be easy, I felt we should at least try.”
The response he received was one of doubt and skepticism. “Impossible,” his friend responded as he laughed. “It’s very difficult to gain recognition, very difficult to sell, and very difficult to invest in, as it demands a significant amount of money and time,” his friend told him.
However, Zrhari embraced this skepticism as a challenge, one he was determined to overcome.
That’s when Zehari decided to craft timepieces that are more than mere instruments that tell time, but a reflection of his heritage and a celebration of Arab culture.
Championing Arab Heritage in Watchmaking
Zrhari has infused his watches with a distinctive signature that pays homage to his Moroccan origins. “Arabic calligraphy, whether subtly concealed or prominently displayed, and Indo-Arabic numerals adorning the dial are the hallmarks of my creations,” Zrhari proudly said.
His watches stand as unique works of art, capturing the essence of his Moroccan roots.
These watches are not just timekeeping instruments; they are an embodiment of his identity, designed to be “recognizable from a distance,” Zrahri said.
What sets them apart further is their exclusivity. Zrhari’s watches are exceptionally limited in number, with the ultra-exclusive Elaqsa Watches, and the newly launched Lion Watch offering affordability to a wider audience.
Zrhari’s promise of a third brand, entirely Moroccan, in 2024 hints at an exciting future, where Zrhari’s artistry and Moroccan heritage will shine brightly in the world of horology.
Today, Zrhari’s journey has evolved into a mission. His passion for watchmaking has become more than just a hobby, as it is now a driving force with a clear purpose.
“There is a huge market and enthusiasm in this business,” Zrhari emphasized as he spoke of his ambition to establish a watchmaking training center in Morocco. This endeavor is not just about creating timepieces; it’s about creating added value for the African continent, he noted.
In addition, Zrahri conveyed an important message of perseverance and ambition to the youth.
“Don’t give up, even when faced with difficulties,” Zrhari advised. “Failure is not a setback; it’s an opportunity to become even stronger.”
He encouraged young individuals to transform their passion into a profession, regardless of the field they choose. With faith and determination, success will eventually come their way, he concluded.
Moroccan Engineering Lab won two prestigious awards at the International Innovation Salon in Toronto, Canada.
Smarti Lab, a research laboratory affiliated with the Moroccan School of Engineering Sciences (EMSI), claimed two gold medals and two prestigious awards at the iCAN 2023 International Innovation Exhibition held in Toronto, Canada.
The lab’s winning invention is called the “Smart Wastewater Treatment Station” (SGWT), which is a “green, and mobile” wastewater treatment station.
According to a statement from EMSI, the innovation addresses a critical global issue and represents a “significant leap forward” in sustainable water management.
The smart wastewater treatment station was in response to the current global water crisis, EMSI said in the statement.
The second medal went to the “Meat Quality Verification System” (SMT), a system that offers a “simple and rapid solution for assessing the quality of various types of meat.”
The solution relies on mechanisms that analyze meat quality using specialized integrated units. The system addresses critical health and safety concerns related to meat consumption, the statement explains.
Over the years, EMSI secured a number of awards for innovation. The engineering school has won a total of 85 awards and medals on both national and international fronts.
Engineers from the school previously participated in international innovation competitions such as ICAN in Canada, Silicon Valley in the United States, the International Innovation Exhibition in China, ISIF in Turkey, Intarg in Poland, and EuroInvent in Romania, among others.
The Canada exhibition was held from August 23 to 26, and it featured participants from 50 countries with over 800 inventions.
Hamza Taouzzale, 22, became the youngest person to hold the office
Serving as councilor offers chance to connect with people left behind by politics, he tells Arab News
At London’s Westminster City Hall, 22-year-old Hamza Taouzzale warmly welcomes us into his dynamic working environment.
The councilor made history in the political heart of the UK last year when he became Westminster City Council’s first Arab and Muslim, and youngest, lord mayor.
He introduced us to his realm of responsibilities, shedding light on the multifaceted nature of his duties. With a passionate demeanor, he delved into the rich history of Westminster and its surrounding boroughs, painting a vivid picture of inspiring local stories.
Taouzzale described his emotions upon learning of the news of his election as a mixture of nerves and excitement. Calling his mother, he recalled her shock, as well as the astonishment of his entire family.
“But for me, it was that pride and that representation to understand that I was going to be the first Muslim, the first person from a minority ethnicity and the youngest ever at the age of 22 to become lord mayor of Westminster,” Taouzzale added.
The role, which he held until earlier this year, involves acting as a community representative, offering a chance to connect with those who may feel disconnected from local politics and decision-making.
Taouzzale emphasized his commitment to engaging with various segments of the community, including schools, youth clubs and care homes, highlighting the need to meet the demands of locals.
Growing up on the nearby Lisson Green Estate, the 22-year-old acknowledged the importance of community support in his journey.
He recalled his initiation into politics at the age of 16, when a youth leader, Tariq, encouraged him to join the local Youth Council.
From there, Taouzzale was elected as a youth MP. That position paved the way for him to later become a Westminster City councilor.
The journey, guided by mentors and a desire to make a positive change, led to his eventual appointment as lord mayor of Westminster in May 2022.
As the first Muslim and Arab in the position, Taouzzale described his background as having provided representation to local communities. He underestimated the impact he would have globally, but gradually realized the importance of his role as a symbol of empowerment and inspiration, especially for young people.
He said: “I had people in my first week from countries I’ve never been to in the Middle East message me on Facebook: ‘I’m so, so proud of you,’ ‘This is brilliant,’ ‘Masha Allah.’
“That sort of pushed me to understand who I was representing. I wasn’t representing just Westminster; I wasn’t representing just my community. I was representing all those people who had never done something that I had been able to do, as a present in the Arab world, the Muslim world,” Taouzzale added.
Through his work, the councilor hopes to encourage others, especially young people, to see the possibilities that lie ahead. He wants to leave a legacy that motivates people to believe that, like him, they too can overcome challenges.
source/content: arabnews.com (headline edited)
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Hamza Taouzzale, describing his political journey to Arab News at Westminster City Hall in London, United Kingdom. (AN Photo)
Morocco currently ranks first totaling a number of 38 medals, with 13 gold, 11 silver, and 14 bronze.
On August 3, Moroccan athletes bagged 6 medals in athletics and 4 in judo on a single day, confirming the Kingdom’s leading position at this ninth edition of the Francophone Games taking place in Kinshasa, the capital of the Democratic Republic of Congo.
In athletics and para-athletics, the women’s 5,000-meter discipline representing the Kingdom conquered the podium with a trio comprising Rahma Tahiri, who claimed the gold medal and set a new competition record with a time of 15 minutes 56 seconds 71 milliseconds.
In second place came Kaoutar Farkoussi with a time of 15 minutes 57 seconds 91 milliseconds, while Soukaina Atanane took bronze with a time of 16 minutes 05 seconds 34 milliseconds.
In the men’s 1,500 meters, the runners Hicham Akankam and Hafid Rizqy won gold and silver recording 3 minutes 41 seconds 08 milliseconds and 3 minutes 41 seconds 89 milliseconds respectively.
In para-athletics, Abdelkbir Jaddi won bronze in the long jump with a leap of 6.30 meters.
In judo, Hassan Doukkali won gold in the under-73 kilograms category, while Chaimae Taibi, Hamza Kabdani, and Ziane Wissal took bronze in the under-63 kilograms, under-81 kilograms and under-57 kilograms categories respectively.
In the same competition event on Tuesday, Morocco claimed three simultaneous medals in the women’s 1,500-meter event.
The three Moroccan athletes who stood on the podium were Wafa Zaroual, Soukaina Hajji, and Rababe Arafi.
Morocco currently has a total of 38 medals, with 13 gold, 11 silver, and 14 bronze, well ahead of second-placed Romania with 25 medals.
This year’s Francophone Games, which runs until August 6, brings together 2,500 young people aged 18 to 35 representing 88 countries, including Morocco, to take part in the various sporting disciplines and cultural activities scheduled for this event.
