BAM President Abdellatif Jouahri

King Mohammed VI sends messages to King of Saudi Arabia, Sovereign of Bahrain

King Mohammed VI has sent messages to King Salman bin Abdulaziz of Saudi Arabia and to Bahrain’s ruler, King Hamad bin Issa Al Khalifa. The message to the Saudi King was handed over on Wednesday at the Al Yamamah Palace in Riyadh, by Foreign Minister Nasser Bourita. During this audience, Bourita conveyed to the Custodian […]

Fitch: Attijariwafa Bank’s Ghana Acquisition Will Not Affect Its Credit Ratings

Fitch agency has affirmed that Attijariwafa Bank acquisition of a 55.2% stake in Société Générale’s Ghanaian subsidiary will not affect its BB+ rating assigned to the Moroccan Bank with stable outlook. The acquisition is likely to be ratings neutral for the Moroccan bank, Fitch says. Société Générale Ghana (SGG) had assets of less than USD1 […]

Morocco poised to strengthen air force with Mirage 2000

In recent weeks, several reports mentioned that Morocco is about to foster its air defense capabilities with the reception of 30 Mirage 2000 from the UAE. French radio, RFI, has become the latest media to raise an imminent transfer of the mighty French fighter jet to Morocco from the UAE, as the latter prepares to […]