Moroccan banks’ profitability continued to recover strongly in 1st half of 2023, with aggregate net income reaching record levels, says Fitch rating agency, noting that the positive trend should continue in 2nd semester due to higher interest rates and loan book growth. The seven largest banks’ aggregate net income increased by 28% yoy in 1st […]
Director of Morocco’s state owned utility company (ONEE), Abderrahim El Hafidi, acting chairman of the Arab Union of Electricity (AUE), chaired on Wednesday, a videoconference meeting of the board of directors of this Union which is gathering all Arab power companies. During this 53rd meeting held remotely due to Covid-19, the director of the “Office […]
Roadmap of Moroccan Agency for the Regulation of Cannabis Cultivation The National Agency for the Regulation of Cannabis Activities has unveiled, during its first meeting chaired by the Minister of the Interior, its roadmap to develop the industry of this plant for legal purposes. During the meeting held this week in Rabat, the Interior Minister […]
