Morocco is a source of stability for Spain and a strategic partner, said Spanish Foreign Minister Arancha Gonzalez Laya. The Spanish official, who was paying her first visit to Morocco and her first visit abroad outside the European Union, since her appointment md-January, commended the close cooperation with Morocco in the fight against terrorism […]
Moroccan Holmarcom Group has bought a 51 pc stake in Kenya’s Monarch Insurance Company for an undisclosed sum. The transaction, which is subject to approval by Kenya’s competent authorities, will enable Holmarcom to become the majority shareholder along with Kamu Group and Maisha Bank. The Moroccan private group operates in finance, insurance, agribusiness, distribution, logistics […]
Morocco is set to take advantage of its improving macroeconomic situation by tapping into the bond market, more than a year after its successful $2.5 billion bond, Nadia Fettah Alaoui said. The bond would strengthen state finances and help cut the deficit, Fettah Alaoui told Bloomberg. “We are constantly monitoring the market.” “We do not […]
