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Andean Parliament reaffirms support for Morocco’s position on Sahara
The Andean Parliament reaffirmed its steady position in support of Morocco’s sovereignty over the Sahara as it rebuked the blunder of one of its speakers who derailed from that position at a meeting in Algiers. The Andean Parliament’s foreign affairs committee made it clear that its Speaker gave her own personal statement on the Sahara […]
Impaired loans weigh on banks profitability in 2020
Moroccan banks’ impaired loans ratio surged to 8.6% to stand at a record 80 billion dirhams undermining Bank’s profits in 2020, the central bank said in its latest report. The rise of bad loans takes place at a context marked by the impact of the pandemic on economic activity in general and bank loans in […]
In Q4 of 2023–2024, Egypt’s State debt decreases by 2.1%
Egypt’s total public debt fell by 2.1 percent in the final quarter of the 2023/2024 fiscal year, according to the Ministry of Finance. By the end of June, the debt had decreased to LE 12.52 trillion from LE 12.78 trillion recorded in March 2024. This reduction was primarily driven by a 2.7 percent decline in […]



