Othman Benjelloun Elected Vice-President of Union of Arab Banks

President of the Moroccan banks Professional Grouping (GPBM) and chairman & CEO of BMCE Bank, Othman Benjelloun, was recently elected vice-president of the Union of Arab Banks (UAB). The election took place during the Annual Arab Banking Conference held in Beirut, Lebanon, November 16-17 under the topic: Economic Stability at a Time of Uncertainty. Another […]

Government to cut non-essential spending due to Covid-19

The Moroccan government has asked all ministerial departments to prepare a list of spending cuts that will target non-essential activities in first austerity measures to deal with the economic impact of the novel coronavirus. The disruptions in the national economy due to Coronavirus notably the suspension of tourism activity, fewer remittances of Moroccan expatriates, and […]

Sudan: Over one million return to war-Scarred Khartoum amid fragile recovery, Says UN Migration Agency

More than one million people have returned to Sudan’s capital, Khartoum, in the past ten months despite ongoing insecurity and the collapse of essential services, the International Organization for Migration (IOM) has reported. The returns, recorded between November 2024 and September 2025, involve families relocating from other parts of Sudan and from abroad. Ugochi Daniels, […]