Authorities in Libya have renewed efforts to strengthen safeguards against financial crime, as the National Committee for Combating Money Laundering and Terrorist Financing convened its first meeting of 2026 in Tripoli last week. The meeting, chaired by Central Bank Governor Naji Mohammed Issa, brought together representatives from government, judicial, security and regulatory institutions to assess […]
Moroccan banks’ profitability continued to recover strongly in 1st half of 2023, with aggregate net income reaching record levels, says Fitch rating agency, noting that the positive trend should continue in 2nd semester due to higher interest rates and loan book growth. The seven largest banks’ aggregate net income increased by 28% yoy in 1st […]
A period of recurrent strikes is about to get wrapped up with a landmark deal between the government and teachers’ main unions providing for wage hikes of up to 1500 dirhams. Teachers led nation-wide strikes this year demanding better wages and more benefits, while urging the government to abstain from applying a new law which […]
