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Chabat’s Shilly-Shallying, a Way of Being or a Tactic to Baffle the Enemy?
Hamid Chabat, the Secretary General of the Istiqlal Party, has been threatening for months now to withdraw from the coalition government, led by Abdelilah Benkiran’s Party for Justice and Development (PJD), if his repeated calls for a cabinet reshuffle were not heeded. Likewise, he has not missed any opportunity to lash out at the head […]
UN Secretary General Honors Moroccan Peacekeepers in Central African Republic
Commemorating United Nations Day alongside UN peacekeepers in the Central African Republic, Secretary-General António Guterres paid tribute to the sacrifices made by uniformed personnel in the service of peace, including the Moroccan contingent, which lost some of its members in the line of duty. Guterres, who visited the Bangassou local base of the UN Multidimensional […]
Holmarcom take over of BMCI marks exit of the last French lender from Morocco’s retail banking sector
Moroccan conglomerate Holmarcom is set to deepen the shift toward local ownership in the kingdom’s banking sector with its planned acquisition of BMCI from France’s BNP Paribas, in a deal that underscores the exit of the last French bank from Morocco’s retail lending. After completion of regulatory requirements, Holmarcom plans to merge BMCI with Crédit […]


