Spainish PM Pedro Sanchez

Moroccan banks post record profits as market confidence returns

Morocco’s listed banks have entered a virtuous cycle, recording 91.6 billion dirhams in net banking income for 2024, up 12.8 percent year-on-year, significantly exceeding five-year averages and signaling robust sector recovery. Attijari Global Research’s latest report reveals comprehensive performance improvements across all revenue streams. Interest margins grew 6.3 percent driven by credit volume recovery, particularly […]

Massive ecstasy seizure at Nador Port sparks police probe

Nador’s police launched an investigation on Wednesday following the discovery of 76,841 ecstasy-type psychotropic pills hidden inside a cargo vehicle that had arrived from a European port. The seizure, carried out by National Police and Customs officers at the city’s port, prompted the Regional Judicial Police Brigade to open a probe under the supervision of […]

AU Summit: Rabat Renews Attachment to UN Exclusive Role in Handling Sahara Issue

Morocco’s Foreign Minister Nasser Bourita renewed on Sunday in Addis Ababa, his country’s firm attachment to the United Nations as the exclusive framework for finding a solution to the Moroccan Sahara issue. This regional conflict is in the hands of the UN which “remains the sole framework for finding a solution to this dispute in […]