BMCE Bank international

Morocco, WB team up to improve business competition

Morocco’s competition council and the World Bank’s International Finance Corporation agreed to cooperate to promote the competitiveness of the private sector. The partnership was sealed following an event themed “revitalizing the competition framework in an open Morocco,” held recently in Rabat. Under this agreement, the Moroccan council shall benefit from the technical expertise of IFC […]

MOROCCO & PAKISTAN TO STEP UP MILITARY COOPERATION

Pakistan Defense Minister Khawaja Muhammad Asif started Monday a three-day working visit to Morocco for talks focusing on bilateral military cooperation. According to press reports, Rabat and Islamabad are working on a cooperation agreement in military manufacturing, exchange of expertise and training between the armed forces of the two countries. Last April, Moroccan and Pakistani […]

Algeria proceeds to urgent spending cuts to delay bankruptcy

Time and money are running out for Algeria as it eats into its foreign reserves trying to avert the inevitable: bankruptcy. The country’s Prime Minister Abdelaziz Djerad has ordered an urgent spending cut to try to offset falling income from oil and gas.     An unexpected rise in spending in 2020 due to the […]