King Mohammed VI has appointed Mohamed Benchaaboun as head of the Mohammed VI Investment Fund, at a time Morocco assigns particular importance to spurring private investment. The appointment was announced during the meeting of the Council of Ministers, held Tuesday in rabat, under the chairmanship of the sovereign, who has set the target of attracting […]
The Interior Minister, Lofti Ben Jeddou, claimed that Ansar al-Sharia is behind the killings of Mohamed Brahmi and Chokri Belaid. He presented proofs to back his claim before announcing that the objectif of Ansar al-sharia is to establish an Islamic emirate in North Africa. Ansar al-Sharia is an organization of ultraconservative Muslims known as the […]
Moroccan banks’ profitability continued to recover strongly in 1st half of 2023, with aggregate net income reaching record levels, says Fitch rating agency, noting that the positive trend should continue in 2nd semester due to higher interest rates and loan book growth. The seven largest banks’ aggregate net income increased by 28% yoy in 1st […]
