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 […]
Algeria Saturday dispatched 4,000 tons of Liquefied Natural Gas (LNG) to Tunisia to help it meet the shortage caused by disruptive weather conditions, mainly heavy snow, that have affected major social amenities. The shipment, destined to house usage, was announced by the Tunisian state-run news agency TAP, which also indicated that the 4,000 tons […]
In a case that rights advocates say reflects the Algerian authorities’ escalating hostility toward Morocco, an Algerian court has sentenced a young football fan to two years in prison for wearing the Moroccan national team’s jersey at a domestic match. The verdict was the latest episode of Algeria’s regime anti-Morocco posture. Algeria has unilaterally cut […]
