masen-bakkoury

Sahara issue looms over Saham-Sanlam $1.1 bln deal

Head of Morocco’s BMCE Bank, the third largest bank in the country, criticized the sale of Saham insurance business to South Africa’s Sanlam as detrimental to Morocco’s interest. Speaking at a press conference, head of BMCE Othmane Benjeloun deplored the sale worth $1.1 billion on grounds that South Africa supports the Polisario separatists. “We end […]

Tunisia: Transport Minister orders acceleration of sale of out-of-service aircraft of Tunisair

Tunisian Minister of Transport, Rachid Amri, has issued directives to expedite the formulation of a strategy for managing decommissioned aircraft. He instructed the concerned departments to hire a specialized consultancy firm to establish a reference framework and oversee the sale process, ensuring that it adheres to proper procedures and maximizes financial and operational outcomes. The […]

Morocco, Under King’s Leadership, is establishing itself as “Pillar of Stability, Moderation” – Senior U.S. official

Morocco, under the leadership of King Mohammed VI, has established itself as a “pillar of stability, moderation, and forward-looking leadership”, underlined in Washington Rudolph Atallah, Deputy Senior Director for Counterterrorism at the U.S. National Security Council (NSC). “Morocco has continued to strengthen its role as a pillar of stability, moderation, and forward-looking leadership in a […]