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Saham completes acquisition of Société Générale’s SGMB bank

Saham Group said it has completed the acquisition of the Moroccan subsidiary of French Société Générale SGMB and its insurance business, La Marocaine Vie. Moulay Hafid Alamy has been appointed president of SSGMB following the sale. Earlier this year, Société Générale announced the sale of its majority shares at 57% of SGMB to Saham. The […]

Morocco denies banning drugs exports to African countries

Moroccan health authorities have refuted the press reports claiming that the Kingdom has banned the exports of drugs to African countries, particularly during the current global health crisis caused by coronavirus pandemic. The Moroccan ministry belied the press report, labeling as “false and baseless” its claims, which seek to tarnish Morocco’s image and its health […]

Morocco Launches Idarati X.0 Digital Platform Unifying Public Service Access Through Single Interface

Morocco advanced administrative modernization Tuesday with eight conventions signed in Rabat deploying Idarati X.0, a meta-application designed to unify citizen access to digital public services through a single interface. The Digital Transition and Administrative Reform Ministry spearheads the project coordinating with the National Data Protection Commission (CNDP). The system establishes an integrated national digital wallet […]