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Fitch Rating expects Moroccan banks profitability to improve in 2023
Fitch Rating highlighted the positive outlook for the seven largest Moroccan banks in 2023 whose profitability is set to improve on the back of a better risk management. “We expect profitability will improve at a faster pace in 2023 as lower impairment charges (LICs) should continue to decline while higher rates will start to feed […]
American Jewish network, Morocco-based Mimouna association sign MoU to promote Moroccan Jewish heritage
The American Jewish Committee’s young professionals network, ACCESS, signed, Tuesday, a memorandum of understanding with the Morocco-based Mimouna Association to promote ties between young Americans, Israelis and Moroccans. According to Jerusalem Post, this agreement will focus on the importance of the Jewish heritage, and the Moroccan identity and culture. The two sides will organize virtual […]
Morocco, 25 years of industrial development under King Mohammed VI
Twenty-five years ago, no one would have imagined that Morocco’s top exports would be cars. Morocco’s GDP, thanks to the King’s far-sighted approach, has more than doubled in a tough environment reaching some $130 billion, thanks to different economic policies spurred by the King. Industry has helped Morocco reduce dependence on the climate-vulnerable farming sector. […]



