Fitch Ratings has revised its outlook on Moroccan banks Attijariwafa Bank, Bank of Africa, and Credit Immobilier et Hotelier (CIH) to Negative from Stable, while affirming the three banks’ Long-Term Foreign-and Local-Currency Issuer Default Ratings (IDRs) at ‘BB+’. This comes after Fitch’s revision of the outlook on Morocco’s sovereign rating to Negative from Stable on […]
Tunisian interior ministry has announced its forces slain three suspected Islamic State group (ISIS) terrorists in an operation 230 kilometers southwest of Tunis. The Ministry said, in a statement released Sunday evening, forces killed “three of the most dangerous terrorists” from the Jund Al-Khilafa (Soldiers of the Caliphate), an ISIS-linked terror group, near the town […]
On the occasion of the tenth anniversary of the launch of its Tangier factory, Renault said it will start making super-mini electric vehicles there by 2023. The two-seat small urban car will be produced by Renault’s affiliate Mobilize in a bid to tap into a growing market of electric vehicles. The new car will be […]
