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Al Rayan gets Libyan bank takeover approval
Masraf Al Rayan’s desire to acquire an important share in a commercial bank in Libya has finally been approved by its extra ordinary general assembly. Al Rayan has for been yearning for increasing its capital in a Libyan bank to get what many reports describe as a strategic share. The extra ordinary assembly’s approval now […]
Euromoney Distinguishes Attijariwafa Bank in Morocco & Africa
Morocco’s biggest lender, Attijariwafa Bank, won two prizes at the Euromoney Awards for Excellence 2018. The bank was ranked best in Morocco and topped the list of banks in Africa for SMEs, Euromoney magazine said. Euromoney’s Awards for Excellence were established in 1992 and were the first of their kind in the global banking industry. […]
Morocco maintains aid for worst-hit sectors by pandemic until June
A Moroccan economic monitoring committee (CVE) decided to maintain aid to workers in sectors most hit by the pandemic until June. This financial aid benefits 102,000 workers in sectors handicapped by the Covid-19 outbreak, notably tourism, catering, events and other services whose normal activity halted due to the restrictive measures to contain the virus. These […]



