Tunisia will soon be receiving the first tranche of the €300 million Macro Financial Assistance (MFA) program that the European Union allocated to the country in May 2014 to help it overcome its financial crisis. The amount is a loan that supports the Stand-by Agreement that was approved by the International Monetary Fund (IMF) in […]
Morocco’s listed banks have entered a virtuous cycle, recording 91.6 billion dirhams in net banking income for 2024, up 12.8 percent year-on-year, significantly exceeding five-year averages and signaling robust sector recovery. Attijari Global Research’s latest report reveals comprehensive performance improvements across all revenue streams. Interest margins grew 6.3 percent driven by credit volume recovery, particularly […]
Morocco’s leading construction company TGCC has established a foothold in the Saudi Arabian market through a strategic partnership with Naif Alrajhi Investment, according to an announcement made Monday. The agreement will enable TGCC’s Middle East subsidiary to collaborate on construction projects developed by the Saudi investment group in the Gulf kingdom. This partnership represents TGCC’s […]
