Libya oil field

Sanlam and Allianz Set to Reshape Morocco’s Insurance Market Through Landmark Merger

Morocco’s insurance sector moved decisively toward consolidation as Sanlam Maroc advanced plans to absorb Allianz Maroc in a merger-absorption operation to be submitted to the extraordinary general assemblies of both companies on 2 July 2026. The deal’s prospectus received clearance from the Moroccan Capital Markets Authority (AMMC) on 15 June 2026, with accounting effects to […]

Morocco’s CFG Bank seeks Casablanca listing

CFG Bank, one of the smallest banks in Morocco, plans to issue an initial public offering at the Casablanca stock exchange. The decision was made by the bank’s general assembly with the aim to raise 600 million dirhams through a capital increase at the stock exchange. CFG will issue new shares with a par value […]

Rwandan Genocide Commemoration: Morocco’s King Sends Message to Paul Kagame

As the Rwandan government on Sunday raised the curtain of a three-month remembrance period, marking the 25th anniversary of the 1994 Rwandan genocide against the Tutsi, King Mohammed VI addressed a written message to President Paul Kagame. The royal message expresses Morocco’s solidarity with the Rwandan people and renews its strong resolve to bolster bilateral […]