Fitch Rating highlighted the positive outlook for the seven largest Moroccan banks in 2023 whose profitability is set to improve on the back of a better risk management. “We expect profitability will improve at a faster pace in 2023 as lower impairment charges (LICs) should continue to decline while higher rates will start to feed […]
The Algerian-backed separatist movement, the Polisario, gave its initial agreement on the appointment of former German President Horst Köhler as Personal Envoy of the UN Secretary General to the Sahara in place of US diplomat Christopher Ross. Moroccan news website, Le360, reported that an official Polisario source said that the UN Secretary General’s proposal for […]
The 21st edition of the Timitar Festival closed Saturday night in Agadir after three days of strong turnout across its two stages, capping what organizers and attendees described as a flawless edition of the annual music festival built around Amazigh culture and its dialogue with the wider world. The opening night set the tone, with […]
