Increasing number of voices, including families of Paris attacks victims, have expressed their discontent over the payment by the State of a lawyer to assist Salah Abdeslam in the process of investigations. The suspect number one in the attacks is now in custody in France. Elisabeth Boissinot, mother of a 25-year-old young woman killed in […]
Fitch Ratings has revised its outlook on Moroccan banks Attijariwafa Bank, Bank of Africa, and Credit Immobilier et Hotelier (CIH) to Negative from Stable, while affirming the three banks’ Long-Term Foreign-and Local-Currency Issuer Default Ratings (IDRs) at ‘BB+’. This comes after Fitch’s revision of the outlook on Morocco’s sovereign rating to Negative from Stable on […]
The extension of Morocco’s Tanger Med port increased the total capacity of Morocco’s 13 ports combined to 260 million tons. The launch of Tanger Med 2 increased the northern port’s capacity to 9 million container from 3.5 million in 2018. The extension was achieved at a total cost of 88 billion dirhams in state funding […]
