Morocco’s banking sector has demonstrated remarkable resilience and growth, with net profits surging 24 percent according to the latest assessment by the country’s financial stability watchdog, reinforcing the sector’s position as a pillar of economic strength. The Committee for Coordination and Monitoring of Systemic Risks (CCSRS), meeting Monday at Bank Al-Maghrib headquarters in Rabat, highlighted […]
Abdelhamid Dbeibeh, one of Libya’s rival Premiers, has sacked the Chairman of the National Oil Corporation (NOC) Mustafa Sanalla, local media Libya Update has learned. Dbeibeh’s administration, which is based in capital Tripoli, replaced Sanalla with Farhat Omar Bengdara, who served as Libya’s Central Bank Governor from 2007 to 2011, the media notes citing a […]
A new field hospital was set up in Casablanca as coronavirus cases spike in the economic capital, one of the worst hit cities in the Kingdom. Moroccan authorities have built field hospitals and extended existing ones such as in Marrakech where a surge of cases strained health infrastructure. Both Casablanca and Marrakech as well as […]
