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Morocco’s Financial System Shows Resilience Across Banking and Insurance Sectors
Morocco’s financial system continues strengthening its fundamentals, with banking and insurance sectors demonstrating robust performance, according to the Committee for Coordination and Supervision of Systemic Risks following its twenty-second session Tuesday at Bank Al-Maghrib headquarters. The banking sector recorded substantial profitability gains alongside reinforced solvency. Net income on a standalone basis increased 25% year-on-year through […]
Tunisia Secures $830m Assistance from Saudi Arabia
Tunisia has secured an $830 million assistance from Saudi Arabia that will help it face up the economic and financial hardships it has been encountering since 2011. The announcement was made by Tunisian Prime Minister Youssef Chahed Saturday following a visit to Saudi Arabia. Out of the amount provided by Riyadh, $500 million will be […]
France Wants to Reinvigorate ‘UfM’
France is planning to host in 2018 a meeting between the countries of the Maghreb and Europe to examine the means of reinvigorating the Union for the Mediterranean. The goal was announced by French President Emmanuel Macron in a speech at the Tunisian Parliament last week. He said that the UfM could not tap into […]



