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Holmarcom take over of BMCI marks exit of the last French lender from Morocco’s retail banking sector
Moroccan conglomerate Holmarcom is set to deepen the shift toward local ownership in the kingdom’s banking sector with its planned acquisition of BMCI from France’s BNP Paribas, in a deal that underscores the exit of the last French bank from Morocco’s retail lending. After completion of regulatory requirements, Holmarcom plans to merge BMCI with Crédit […]
Tunisia Plans to Set up Security & Intelligence Agency
Tunisian authorities Thursday decided to endow the country with its own security and intelligence national agency to help in preventing and warding off terrorist threats and acts. A concerted meeting between the Tunisian Head of State Beji Caid Essebsi, Prime Minister Habib Essid, Speaker of the Parliament Mohamed Ennaceur along with several government officials and […]
Gabon Reaffirms Support for Morocco’s Sovereignty over Sahara & Commitment to Advance Strategic Partnership
Gabon’s Foreign minister Marie-Edith Tassyla-Ye-Doumbeneny has reaffirmed her country’s steadfast backing to the Moroccanness of the Sahara and hailed the historic UNSC 2797 endorsing the Autonomy plan under the Kingdom’s sovereignty. The supportive stand was expressed by Gabonese top diplomat during a meeting held Tuesday in Rabat with Moroccan peer Nasser Bourita. Tassyla-Ye-Doumbeneny described the […]



