Arab parliament

Morocco’s Attijariwafa Bank Completes Acquisition of Barclays Egypt

Morocco’s Attijariwafa Bank obtained on May 3 the regulatory approval to acquire the Egyptian branch of Barclays which has shifted towards focusing its activity on the US and Britain. Attijariwafa Bank has finally obtained all regulatory requirements to acquire 100% of Barclays Egypt capital after an agreement was signed by the two banks in October […]

Corporate Insolvencies Fall in Morocco as Global Failures Hit a Five-Year High

Morocco is bucking a global trend on corporate insolvencies, recording a decline in business failures at a time when the rest of the world is heading into a fifth consecutive year of rising defaults. According to a report published on April 22 by trade credit insurer Allianz Trade, Morocco’s corporate insolvencies fell two percent in […]

UK reaffirms commitment to strengthening strategic partnership with Morocco

The British government reaffirmed on Thursday its commitment to deepening the strategic partnership it shares with Morocco, describing the Kingdom as “an increasingly vital trade and investment partner for the United Kingdom.” “The United Kingdom is committed to further strengthening this partnership and considers Morocco an increasingly essential trade and investment partner,” said Michael Shanks, […]