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The Moroccan dirham (Arabic: درهم, romanized: dirham, Moroccan Arabic: درهم, romanized: derhem; 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; Arabic: سنتيم).
2M is a Moroccan free-to-air television network.It was established by the royal-owned conglomerate, ONA, before being sold to, in part, the Moroccan government.Of 2M, 45.3% is owned by Bank of Africa, [3] while approximately 32.5% by the Moroccan government, Al Mada (12%), with the remaining shares being owned by Atlas Capital, (10.2%).
The dirham was a unit of mass used across North Africa, the Middle East, Persia and Ifat; later known as Adal, with varying values. The value of Islamic dirham was 14 qirat. 10 dirham equals 7 mithqal (2.975 gm of silver). In the late Ottoman Empire (Ottoman Turkish: درهم), the standard dirham was 3.207 g; [1] 400 dirhem equal one oka.
No Quarter is a live album by Jimmy Page and Robert Plant, both formerly of English rock band Led Zeppelin.It was released by Atlantic Records on 31 October 1994. [2] The long-awaited reunion between Jimmy Page and Robert Plant occurred on a 90-minute "UnLedded" MTV project, recorded in Morocco, Wales and London.
The rial was introduced when Morocco adopted a modern style coinage in 1882. It replaced a system consisting of copper falus , silver dirham and gold benduqi . In Spanish Morocco , the rial was replaced by the Spanish peseta in 1912 at a rate of 1 rial = 5 pesetas.
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 Moroccan dirham. The Banking Act of 21 April 1967 enhanced the role of "Banque du Maroc", particularly in the field of banking ...
Moroccan presence in the United States was rare until the mid-twentieth century. The first North African who came to the current United States was probably Estebanico Al Azemmouri (also called Estevanico), a Muslim Moroccan of Gnawa descent, [2] who participated in Pánfilo de Narváez's ill-fated expedition to colonize Florida and the Gulf Coast in 1527.
The US-Morocco Free Trade Agreement (or Morocco FTA) is a bilateral trade agreement between the United States and Morocco. The agreement was signed on June 15, 2004, followed by U.S. President George W. Bush 's signing of the USMFTA Implementation Act on August 17, 2004. [ 1 ]