King Mohammed VI with Chinese President Xi Jinping

France willing to expand consular presence to Sahara – Senate President

President of the French Senate Gérard Larcher raised the need for an expanded French consular service that covers the Moroccan Sahara, which he called the Southern Provinces of Morocco. The call echoes a previous promise by French Foreign Minister Jean-Noël Barrot during president Macron’s visit to Rabat in October 2024. Since Paris backed Morocco’s sovereignty […]

France and its partners confirm a “coordinated withdrawal” from Mali

After a working dinner at the Élysée Palace attended by some thirty African and European leaders, France, its European partners and Canada announced on Thursday, February 17, the withdrawal of military forces from Mali after nine years of military intervention against jihadists. Some 2,500 to 3,000 French soldiers will remain deployed in the Sahel after […]

Morocco’s BCP Bank posts 10.6% net banking income increase

Morocco’s second biggest lender, BCP, said its net banking income rose 10.6% to 22.8 billion dirhams in 2023. This performance is attributed to the strengthening of the interest margin by 1.9%, an 8% growth in the commission margin, and an increase in the result from market activities by 65.8%, the bank said. The bank’s net […]