Moroccan banking activity improved in 2024 with major banks reporting record profits totaling $2.3 billion, a 21.3% increase compared with the previous year. The net profit attributable to shareholders rose by nearly 20% to 19.2 billion dirhams ($2 bln). The growth was spurred by the recovery in banking activity, cost reduction, and contained risk cost. […]
Malaysia Airlines and Royal Air Maroc have signed a codeshare agreement aimed at expanding travel options between Africa, Europe and Asia, the carriers announced Wednesday. The partnership, which links the two oneworld alliance members, will allow passengers to book connecting flights between Casablanca and Kuala Lumpur via Doha, London and Paris. Under the deal, Royal […]
The operators of luxury Safari camps in Zimbabwe, which charge more than $1,000 a night, have lodged objections against a planned oil exploration program in the country’s UNESCO World Heritage Site, Mana Pools National Park. The Zimbabwean top tourist attraction, the pristine Mana Pools, could be under threat after a mining company applied for a […]
