Al-Baraka-Islamic-Bank

South Africa’s Sanlam Takes over Morocco’s SAHAM Insurance Business in Africa for $1.05 bln

ape-Town based insurer Sanlam said it will fully acquire Morocco’s SAHAM group insurance business in Africa in a $1.05 billion deal. The deal will give Sanlam access to SAHAM’s 26 markets across North Africa, the Middle East and West Africa and builds on its business that spans 11 African countries, India and Malaysia. SAHAM Finances, […]

Counterterror: Morocco’s Police Captures another ISIS Operative

Moroccan security services have announced the arrest Saturday of an engineering student with ties to the jihadist terror group, ISIS. The arrest was made in the city of Mohammedia (near Casablanca) by Morocco’s FBI, Central Bureau of Judicial Investigation (BCIJ). According to Moroccan authorities, the captured ISIS member was planning a terrorist plot to undermine […]

Morocco’s Sahara emerges as gateway for African business dialogues

In a powerful demonstration of Morocco’s commitment to African economic integration, the city of Laâyoune recently hosted a landmark event that brought together business leaders from across the continent. The latest event was marked by the signing by the General Confederation of Moroccan Enterprises (CGEM) of a pivotal cooperation agreement with business federations from several […]