Leading Moroccan bank, Attijariwafa Bank, is expecting its newly acquired Egyptian unit to be its major growth driver in coming years and is planning to expand its operations by adding new branches and hiring staff. The bank anticipates that the Egyptian operation will contribute 12% to 14% of its net income in 2018, with revenue […]
Morocco is heading towards a profound and balanced reform of the public sector, to improve the services to citizens and accompany the implementation of the economic stimulus plan, designed to address the negative impact of the COVID-19 pandemic, as announced by King Mohammed VI. The Monarch deems the reform of the public sector of […]
ADX energy has made it public that Alpine oil and gas (it’s wholly owned subsidiary), has concluded a definitive deal with Rift Basin International. The agreement between the two signatories will allow ADX to farm out a further 15% participating interest in its Chorbane exploration permit, onshore Tunisia, to Rift Basin International. According to the […]
