Tanger Med 2

Morocco’s Bank of Africa reports $260 mln profit in 2023

Morocco’s Bank of Africa said its 2023 profit increased 16% to 260 million dollars last year, with a net banking income of 1.7 billion dollars, up 9%.   African branches contributed by 56% in this performance while Moroccan business accounted for 42% of total earnings, the bank said.   Bank of Africa, previously known as […]

Promoting peace, stability in MENA region discussed by Moroccan and Saudi Foreign Ministers

Ways to promote peace and stability in the MENA region were at the focus of phone talks between Moroccan and Saudi Foreign Ministers, Nasser Bourita and Prince Faisal bin Farhan bin Abdullah. The talks, held Friday, also covered ways to deepen bilateral ties in various fields, as well as latest regional and international developments of […]

Morocco Renews Support to Palestinian Statehood

Morocco has renewed its unflinching support to Palestinian statehood and to any initiative seeking the end of Israeli occupation and the establishment of an independent Palestinian State with Al Quds as its capital. “We welcome and support any serious initiative aimed at ending the Israeli occupation and establishing an independent Palestinian State, within the 1967 […]