French bank, Société Générale, has informed Morocco’s Central Bank of its intention to leave the country, as part of a plan to withdraw from the African continent, Central Bank governor Abdellatif Jouahri said. Moroccan media has reported over the past few days that the French bank was planning to sell its Morocco branch to Saham […]
Libya’s National Oil Corporation (NOC) announced a deal with Morocco’s Banque Marocaine du Commerce Exterieur (BMCE) to attract new investors in a move defined as slap for the UN-backed Presidential Council. NOC head Mustafa Sanalla signed a Memorandum of Understanding (MoU) with BMCE’s Ibrahim Benjelloun Touimi in Vienna on Friday making the Moroccan bank one […]
French foreign minister Laurent Fabius met with Israel’s President Reuven Rivlin and Prime Minister Benjamin Netanyahu as well as with President Mahmoud Abbas of the Palestinian Authority as part of a Middle East tour geared towards the revival of talks between the parties. France’s stance in the Israeli-Palestinian conflict is seen as interference and contradictory […]
