Moroccan banks start to shake off Covid-19 impact

Moroccan banks have shown resilience to the impact of the Covid-19 crisis maintaining enough provisions to face the surge of the cost of risk due to a rise in impaired loans, analysts and the central bank say. The IMF has urged the Central Bank to keep ensuring that the Banks had enough provisions to deal […]

Somalia killed al-Shabab co-founder, as the country is on verge of famine

Somalia’s government said it had killed Abdullahi Nadir, one of the co-founders of Islamist militant group al-Shabab, in an operation with international partners, as the United Nations warns the country is still teetering on the edge of famine. The announcement of the operation that killed Nadir on Saturday (October 1) comes as Somali security forces […]

“The legal foundations for building modes of human coexistence”, theme of Ramadan fourth religious lecture

King Mohammed VI, Commander of the Faithful, accompanied by Crown Prince Moulay El Hassan, Prince Moulay Rachid and Prince Moulay Ismail, chaired, on Thursday at the Royal Palace in Casablanca, the fourth religious lecture of the holy month of Ramadan 1445 AH. The lecture was given by El Khammar El Bakkali, member of the Moroccan […]