Why Iran is not serious about normalizing ties with Morocco

Few days after Iran said it looks forward to normalizing ties with Morocco and Egypt, the regime of the Moullah has once again shown its hostility to Morocco by supporting the thesis of the Polisario and its Algerian mentors at the UN’s fourth committee. Foreign minister Hossein Amirabdollahian told Iranian ambassadors to Muslim countries on […]

Egypt to unveil IPO program details for state companies within 2 weeks

Egypt’s Prime Minister Mostafa Madbouly has announced the government’s intention to unveil the plan for offering state-run companies on the Egyptian Exchange (EGX) in 2023 within two weeks. Madbouly, Asharq business reports, indicated that the Cabinet would soon reveal the names of the companies to be offered on EGX throughout 2023. Egypt has been planning […]

Morocco: Bank Card holders increased to nearly 18 Mln in 2021

The number of bank cards increased in Morocco by 4.1 pc in 2021, compared to the previous year, reaching 17.9 million, says Morocco’s Central Bank in its latest report, noting that 88 pc of these cards were used for cash withdrawal. Over 5.4 million payment accounts were opened last year against 2.6 million transaction accounts […]