The uprising in Syria has led the European Union (EU) to employ an instrument it rarely uses in the Mediterranean: sanctions. Since May 2011, the EU has deployed its sanctions toolbox in support of the anti-regime uprising in Syria. The objective of the EU is to increase pressure on the Assad regime to end repression, […]
Banque Centrale Populaire (BCP), one of Morocco’s three biggest lenders, continues its expansion in Africa with the acquisition of Banque des Mascareigne in Madagascar and the opening of a subsidiary in Mauritius, thus becoming the first Moroccan bank to operate in the island. With this acquisition, BCP reinforces footprint in the Indian Ocean as part […]
The U.S. Senate Foreign Relations Committee confirmed on Thursday Puneet Talwar as new American ambassador to Morocco in replacement of David Fischer. In his statement made before the Senate committee defending his nomination, Mr. Talwar described Morocco as a long-standing & valued partner and the first country to recognize American independence. With its strategic location, […]
