Cairo hosted the 11th D8 summit that brought together leaders from developing countries—Egypt, Bangladesh, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey. The summit themed “Investing in Youth and Supporting SMEs: Towards Tomorrow’s Economy” emphasized collaborative efforts to tackle global and regional challenges. The summit focused on the crises in the Middle East, including conflicts, economic […]
A rare cross-party coalition in Spain has called for Morocco’s exclusion from co-hosting the 2030 FIFA World Cup, treating the global governing body as if it were a family heirloom, even as the joint Spain-Portugal-Morocco bid succeeded largely thanks to African support secured by Rabat. Right-wing Vox, left-wing Sumar and Podemos, and elements of the […]
Fitch Rating highlighted the positive outlook for the seven largest Moroccan banks in 2023 whose profitability is set to improve on the back of a better risk management. “We expect profitability will improve at a faster pace in 2023 as lower impairment charges (LICs) should continue to decline while higher rates will start to feed […]
