South Africa’s Support for Polisario Puts it at Odds with most AU Countries

South Africa’s election to the UN Security Council is a chance for the rainbow country to bridge the gap between the Council and the African Union but its support for the separatist SADR entity puts Pretoria at odds with leading African countries, The Globe and Mail, a South African paper, said. Citing an expert from […]

Bayt Mal Al-Quds Agency, OIC Discuss Ways to Support the Holy City

Managing director of Bayt Mal Al-Quds Asharif Agency Mohamed Salem Cherkaoui held a working session on Friday in Rabat with the Assistant Secretary-General for Palestine and Al-Quds Affairs at the Organization of Islamic Cooperation (OIC), Dawas Tayseer Dawas, that focused on ways to support the resilience of the Palestinian people, particularly the population of the […]

Morocco to introduce secondary market for non-performing loans

Morocco’s central bank has prepared a draft law that would set up a secondary market in which non-performing loans, currently at 9.8 billion dollars, can be sold, in a move that will boost banks’ liquidity. The news was announced by director general of the central bank, Bank Al Maghrib, Abderrahim Bouazza, who said non-performing loans […]