Moroccan banking activity improved in 2024 with major banks reporting record profits totaling $2.3 billion, a 21.3% increase compared with the previous year. The net profit attributable to shareholders rose by nearly 20% to 19.2 billion dirhams ($2 bln). The growth was spurred by the recovery in banking activity, cost reduction, and contained risk cost. […]
The sustained efforts made by King Mohammed VI worldwide for the promotion of tolerance, the consolidation of inter-cultural relations and coexistence have been recognized by the international foundation Global Hope Coalition, which granted the Sovereign a “Special Recognition Award”. This prestigious prize has been handed over to the King’s brother Prince Moulay Rachid during a […]
His Majesty King Hamad of Bahrain, during a visit to Kazakhstan, revealed plans for major investments and creation of a free trade zone between the two countries. While appreciating the hospitality of Kazahk President Nursultan Nazarbayev, King Hamad hailed the signing of the memoranda of understanding which will bolster and provide a platform for cooperation […]
