Museum of Moroccan Judaism

French Société Générale confirms sale of its Morocco bank to Saham for €747 million

French Société General plans to sell its majority stake in its Moroccan branches to Saham group for 745 million euros, as it continues its divestment from the African continent. The transaction which includes Société Générale Marocaine de Banques and La Marocaine Vie is expected to be completed by end of 2024. The French group owns […]

Algeria: Court releases journalist sentenced to one-year in jail

An Algerian court has ordered the release of a journalist one month into his one-year jail sentence over participation in an unauthorized demonstration. Noureddine Benissad, lawyer of Adlene Mellah who had been arrested in December and sentenced to one-year in prison, told the media that a court in the Algerian capital gave his client a […]

Agadir Enters a New Development Era

Agadir’s urban development program launched Tuesday at a ceremony held under the chairmanship of King Mohammed VI will propel the city in a new development era and consolidate its positioning as a regional economic hub.   The new 2020-2024 program, worth $622 million, is based on a participatory approach involving the various stakeholders in the […]