Morocco’s tourist arrivals are expected to reach 16.8 million in 2024 against the 14.5 million recorded in 2023, says Fitch Solutions Company in its latest business monitoring report. The strong growth will be driven by increasing arrivals from key source markets such as France, Spain and Belgium. France is expected to be Morocco’s largest arrivals […]
The African Energy website reported Monday, December 2 that Libya is seeking to recover over $60 billion in assets secretly invested in U.S. Treasury bonds during Muammar Gaddafi’s regime. The funds, previously unknown, were reportedly funneled through complex networks starting in the 1990s, bypassing strict international sanctions. A delegation led by Mohammed Mansli, Director General […]
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 […]
