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Fitch agency: Moroccan Banks Net Income Reaches Record Levels 2023
Moroccan banks’ profitability continued to recover strongly in 1st half of 2023, with aggregate net income reaching record levels, says Fitch rating agency, noting that the positive trend should continue in 2nd semester due to higher interest rates and loan book growth. The seven largest banks’ aggregate net income increased by 28% yoy in 1st […]
Egypt: Government Represses Protesters, Dozens Arrested
Egyptian security forces Monday fiercely broke out the protests that were planned to vent frustration against President al-Sisi’s recent decision to surrender two Red Sea strategic islands to Saudi Arabia. Hours before the start of the protest called for by leftists, seculars and Islamists, police forces took positions at strategic locations in the Egyptian capital […]
Egypt: Alliance of 40 political parties endorse Al-Sisi for another term in office
A grouping of 40 political parties, known as The Egyptian Parties Alliance, has called on President Abdelfattah al-Sisi to seek another term in office, ahead of 2024 presidential elections. “This endorsement aims to fulfil the aspirations and ambitions of the Egyptian people and to continue the path of development and progress,” the alliance said in […]



