UAE’s Foreign ministry said Sunday the Gulf country’s ambassador to Teheran will resume his duties in coming days in line with diplomatic norms governing bilateral relations. The move is in line with Abu Dhabi’s efforts to mend ties with Iran and as part of a previous decision to raise diplomatic representation to the rank of […]
Mohamed Sajid, the mayor of Casablanca, was elected new Secretary General of the Constitutional Union Party (UC) by an overwhelming majority of the 964 members of the party’s national council last Saturday. Sajid, a 66-year old wealthy businessman, gleaned 825 votes while the distant second, Anwar Zyne, won 25 votes only. The two other contenders, […]
Head of Morocco’s BMCE Bank, the third largest bank in the country, criticized the sale of Saham insurance business to South Africa’s Sanlam as detrimental to Morocco’s interest. Speaking at a press conference, head of BMCE Othmane Benjeloun deplored the sale worth $1.1 billion on grounds that South Africa supports the Polisario separatists. “We end […]
