euronews

Bahrain Tamweel Wa Inma Bank to Open 37 Branches in Morocco

Bahrain’s Islamic Bank, Al Tamweel wa Inma (BTI) Bank, which opened lately its headquarters in Casablanca, looks forward to setting 37 branches by 2022 in various cities of Mo-rocco. The BTI Bank has been launched following the partnership sealed by Al Baraka Banking Group (ABG), the leading multi-national Islamic Banking Group, headquartered in Bahrain, and […]

Morocco’s Central Bank keeps interest rate unchanged due to Global & Domestic Situation

Bank Al-Maghrib, Morocco’s central bank, has decided to hold interest rates steady, contrary to the forecasts of many analysts who were expecting a hike of rates following the coronavirus pandemic, rainfall shortage and the Russia-Ukraine war. During its first meeting for the year 2022, the Board of Directors of the Bank decided to keep unchanged […]

Morocco bolsters its regional air power deterrence

Morocco is set to reinforce its battle-hardened air power capabilities through the acquisition of fighter jets and the upgrade of existing ones as well as the purchase of attack helicopters and latest drone technologies. Located in North Western Africa and bordered by a warmongering Algeria that has been instigating the Polisario militias to breach a […]