Moroccan banks continue to show resilience despite challenging global and domestic macro-economic conditions, Fitch Ratings says in a new report focusing on the country’s seven largest banks. Banks have built up healthy provisions buffers since 2020 and are well-placed for a continued recovery in profitability in 2024 amid rising interest rates, says the rating agency. […]
Since King Mohammed VI ascended the Throne, Morocco has been showing Africa the way for south-south cooperation and win-win intra-African partnerships by taking initiatives on the ground matching its Africa policy discourse. The recent such initiative was the helping hand extended by Moroccan state-owned phosphates and fertilizers company OCP which offered African countries 550,000 tons […]
Algeria has set its eyes on the Adcom Systems Yabhon United 40 Block 5 Unmanned Aerial Vehicle (UAV) at the ongoing Dubai Air Show 2013. Algiers wants to boost its medium-altitude long-endurance (MALE) intelligence, surveillance, and reconnaissance (ISR) capacity. The Yabhon United 40 Block 5 is considered to be likely included in its fleet very […]
