Spain-jihadi

Société Générale Morocco rebrands to Saham Bank

Subsidiary of French bank Société Générale has officially rebranded to Saham Bank, six months after Saham Group completed the acquisition. Société Général sold its Moroccan bank and its insurance subsidiary to Saham Group in 2024, worth 745 million euros. The transaction, which involved the acquisition of 57.67% of SGMB’s capital and voting rights, was first […]

Tunisian Ennahdha Denies its Chief Proposed Mediation between Rabat & Algiers

The Tunisian Islamist movement Ennahdha has flatly rejected reports that its leader Rached Ghannouchi had proposed his mediation in the diplomatic row opposing Morocco and Algeria, both tangled in a showdown over Algiers’s support for the Polisario separatist Front. London-based Middle East Eye (MEE) in a May 8 article, citing an anonymous Algerian diplomatic source, […]

How Morocco can overcome COVID-19 induced challenges – report

Morocco will have to act quickly to respond to the scale of changes in the lives of individuals and in several sectors of its economy, particularly that of the informal sector, recommends a report released Monday August 17. COVID-19 presents a systemic risk creating vulnerabilities, widening inequalities and hindering the achievement of the Sustainable Development […]