credit-du-maroc

Polisario not Entitled to Claim Representation of Sahrawis- Morocco Reiterates

Morocco has reiterated to the UN Security Council that the Algerian-backed separatist militia, known as the Polisairo, is not entitled to claim representation of the people living in the Sahara. In a letter, Morocco’s permanent representative to The UN Omar Hilale rebuked the presidency of the UN Security Council for spreading a letter from the […]

Central Bank of Mauritania suspends Société Générale Mauritanie buyout by Burkina Faso-based Coris Holding

The Central bank of Mauritania, BCM, has reportedly suspended the acquisition of Société Générale Mauritanie, the subsidiary of Paris-based Société Générale, by Burkina Faso-based Coris Holding over an alleged fraud accusation leveled at Coris. Société Générale in June 2023 announced the sales of several of its subsidiaries in the southern Sahara including Mauritania. The bank […]

Morocco ready to foster ties with neighbors without compromising its best national interests – Royal speech

Morocco seeks balanced relations with its neighbors without compromising its best interests, King Mohammed VI said in a landmark speech that drew light on the recent attacks targeting Morocco’s national institutions. These attacks and “fully-fledged campaigns” sought in vain to tarnish the image of Morocco’s security forces and Morocco’s national institutions, said the King in […]