corona maroc

Aeronautics: French “Le Piston” group opens 2nd plant in Morocco

“Le Piston Français” Group, a major player in aeronautical supply chain, has reinforced its presence in Morocco with the opening on Wednesday of a second plant in Casablanca industrial zone. The French company has invested over €6 million in the new production site built over a 4000 m2. It will employ 100 engineers, specialized technicians, […]

Morocco to Set Up Market for Non-Performing Loans to Strengthen Financial Stability

Morocco is planning to set up a market for non-performing loans (NPLs) offering the possibility of buying and selling of unpaid loans beyond set deadline. Banks can sell NPLs to reduce risk, free up capital, and maintain profitability, while investors seek to profit by restructuring or recovering value. Morocco’s Central bank, Bank Al-Maghrib, has been […]

Morocco, Rising African Power- Le Point writes

Morocco has strengthened its position in Africa as a rising power thanks to the vision of King Mohammed VI, writes French magazine Le Point on the occasion of the 20th anniversary of the rule of the Moroccan monarch. In an in-depth issue, the magazine dedicated 14 pages to take stock of the developments that took […]