Attijariwafa Bank reported a 26.6% increase in its annual 2024 net profit to 950 million dollars, amid an expansion of activity in Morocco and in African subsidiaries. The bank reported an 8% increase in loans to the economy in Morocco, raising its market share to 28.1% from 26.9% in 2023, it said in a statement […]
A top Iranian official said his country has received drone orders from 22 countries including Algeria, confirming earlier reports that Algeria and the Polisario were seeking Iranian drones as Tehran uses Algeria as a hub to expand its influence in Africa. “About 22 countries have filed formal bids to purchase Iranian-made military drones,” Iranian Major […]
Morocco has officially entered the global electric vehicle (EV) battery supply chain with the inauguration of COBCO’s lithium-ion battery material plant in Jorf Lasfar, south of Casablanca. The launch, held on June 25, marks a major milestone in the country’s industrial strategy to become a regional hub for clean mobility technologies. The COBCO plant, a […]
