Moroccan banks’ profitability continued to recover strongly in 1st half of 2023, with aggregate net income reaching record levels, says Fitch rating agency, noting that the positive trend should continue in 2nd semester due to higher interest rates and loan book growth. The seven largest banks’ aggregate net income increased by 28% yoy in 1st […]
The sound cooperation between Moroccan and Spanish security services in the fight against terrorism has led to the arrest of 175 jihadists, said interior minister Juan Ignacio Zoido. In a interview published lately by La Razon, the Spanish official described neighboring Morocco as “a friend, a partner and an ally” of Spain in the war […]
King Mohammed VI on Saturday delivered a speech to the Nation on the occasion of the 23rd anniversary of the Sovereign’s accession to the throne of his glorious ancestors. Here follows the full text of the royal speech: “Praise be to God, May peace and blessings be upon the Prophet, His Kith and Kin Dear […]
