Moroccan banking activity improved in 2024 with major banks reporting record profits totaling $2.3 billion, a 21.3% increase compared with the previous year. The net profit attributable to shareholders rose by nearly 20% to 19.2 billion dirhams ($2 bln). The growth was spurred by the recovery in banking activity, cost reduction, and contained risk cost. […]
Sudan has dismissed all reports of Iran’s intention to establish a naval base on the country’s Red Sea coast, which comes at a time when the creation of the Russian Navy in the country has been postponed indefinitely due to the ongoing fighting. Sudanese Minister of Foreign Affairs Ali Al-Sadiq Ali was quoted by Sputnik […]
Spanish fishing trawlers will return to the Moroccan waters as of Monday, July 22, announced Spanish Minister for Agriculture and Maritime Fisheries, Luis Planas, in a statement released by his department. The meeting of the first joint commission of the Morocco-EU fisheries agreement, held in Rabat, this week defined the technicalities to issue the […]
