Sound-Energy

Morocco’s Insurance Sector Posts Strong Growth, Exceeding MAD 64 Billion in 2025

Morocco’s insurance and reinsurance sector closed 2025 on a robust note, with total premiums written surpassing 64.3 billion dirhams — a year-on-year increase of 7.9 percent — according to figures released by the Insurance and Social Welfare Supervisory Authority, known by its French acronym ACAPS. The growth was broad-based, with both major branches of the […]

Morocco’s King Calls on banking & financial sector to be more involved in development process; facilitate access to loans

King Mohammed VI on Friday urged the Moroccan banking and financial sector to be more involved in the country’s development process, mainly through simplifying and facilitating access to loans, being more open to self-employment projects and financing the creation of small and medium sized enterprises. “Implementing projects and decisions, and ensuring follow-up to them, involves […]

Egypt confirms no cases of new COVID variant Nimbus recorded

Egyptian health authorities have confirmed that the new COVID-19 variant NB.1.8.1, known as Nimbus, has not been detected within the country. Hossam Hosni, head of the Health Ministry’s Scientific Committee to Combat Coronavirus, stated during a televised interview that all surveillance methods indicate the virus has not entered Egypt. While the variant—currently under monitoring by […]