EU’s proposal to speed up deportations sparks controversy and legal concerns

The European Union has unveiled a controversial proposal, including a continent-wide deportation order, aimed at accelerating deportations of rejected asylum seekers and other undocumented migrants. The plan, formally announced by the European Commission on Wednesday (11 March), seeks to standardize deportation processes across all EU member states, enabling cross-border enforcement of deportation orders. A key […]

French-Moroccan consortium to manage Morocco’s high-speed rail expansion

A French-Moroccan consortium comprising Aegis (main contractor), Systra, and Novick has secured a contract to provide project management assistance to Morocco’s National Railway Office (ONCF) for the high-speed rail infrastructure between Kenitra and Marrakech. The consortium will support ONCF in constructing 430 kilometers of new high-speed lines, quadruple 130 kilometers of conventional lines around Casablanca, […]

Fitch Rating expects Moroccan banks profitability to improve in 2023

Fitch Rating highlighted the positive outlook for the seven largest Moroccan banks in 2023 whose profitability is set to improve on the back of a better risk management. “We expect profitability will improve at a faster pace in 2023 as lower impairment charges (LICs) should continue to decline while higher rates will start to feed […]