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Moroccan banks report record profit in 2024
Moroccan banking activity improved in 2024 with major banks reporting record profits totaling $2.3 billion, a 21.3% increase compared with the previous year. The net profit attributable to shareholders rose by nearly 20% to 19.2 billion dirhams ($2 bln). The growth was spurred by the recovery in banking activity, cost reduction, and contained risk cost. […]
UN : Morocco Warns International Community’s Inaction Means More Conflicts, Greater Fanaticism
Morocco has warned the international community that it should support developing countries and help them achieve progress, security and stability, otherwise its inaction would entail more conflicts and greater fanaticism, violence and terrorism, plagues that are all kindled by the feelings of injustice and exclusion. “The world stands at a crossroads today. Either the international […]
Libya: Pro-Haftar Hopefuls Receiving UAE’s Financial Support
Emirati authorities have been funding Libyan potential candidates, known as close to eastern warlord Khalifa Haftar, in December 10 presidential and parliamentarian elections. Libyan top political protagonists among whom Haftar, Chief of the so-called Libyan National Army (LNA), and head of the UN-backed Government of National Accord (GNA) Faiez Serraj last week in Paris pledged […]



