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Al Baraka Group Sells its Stakes in BTI to Moroccan Bank of Africa
Bahrain’s Al Baraka Group (ABG), one of the major Islamic banking and financing institutions, announced on Monday that it is exiting from two of its subsidiaries, Bank Al-Tamweel Wa Al-Inma (BTI) in Morocco and Itqan Capital, an investment company in Saudi Arabia. Its 43.6 pc stake in BTI will be sold to Moroccan Bank of […]
Morocco, “the art of navigating global disorder” (Bloomberg)
Morocco “shows the art of navigating global disorder”, underlines the U.S. Bloomberg agency, noting that the Kingdom “is walking a diplomatic tightrope that many middle-income nations in an increasingly polarized world, from South Africa to Brazil, are struggling to navigate.” Despite being battered by the Covid-19 pandemic, rising US-China tensions and the war in Ukraine, […]
Council of Europe Parliamentary Assembly lauds Morocco for strengthening democratic governance
The Parliamentary Assembly of the Council of Europe (PACE) made a positive assessment of the results of its seven-year long partnership with the Moroccan parliament lauding in particular the progress achieved in strengthening democratic governance. PACE also stresses in a resolution on Morocco the need for authorities “to pursue and take ownership of the reforms […]



