King Mohammed VI has renewed zero tolerance against corruption and expressed his unwavering resolve to combat this scourge, which undermines the public trust and investors’ confidence. Speaking to Mohamed Bachir Rachdi he appointed on Thursday as chief of the national authority for probity, prevention and fight against corruption, the Monarch stressed the importance he grants […]
Fitch Rating highlighted the positive outlook for the seven largest Moroccan banks in 2023 whose profitability is set to improve on the back of a better risk management. “We expect profitability will improve at a faster pace in 2023 as lower impairment charges (LICs) should continue to decline while higher rates will start to feed […]
Representatives from Libya’s two competing legislative bodies signed an agreement on Tuesday, November 18, for a unified development program, according to the Central Bank of Libya. The move aims to harmonize financial governance after more than a decade of divided budgets between eastern and western Administrations. Although specific details were not disclosed, the Bank said […]
