People gather during a protest over President Abdelaziz Bouteflika’s decision to postpone elections and extend his fourth term in office, in Algiers

French Delegation Explores Investment Opportunities in Dakhla-Oued Eddahab

A delegation from the French city of Dreux visited Dakhla on Wednesday to explore economic potential, major development projects, and partnership opportunities in the Dakhla-Oued Eddahab region, following the recent signing of a friendship pact between the two cities. Led by Dreux Mayor Pierre Frédéric Billet, the group -including investors, business leaders, and cultural figures- […]

Fitch downgrades three Moroccan banks

Fitch Ratings has revised its outlook on Moroccan banks Attijariwafa Bank, Bank of Africa, and Credit Immobilier et Hotelier (CIH) to Negative from Stable, while affirming the three banks’ Long-Term Foreign-and Local-Currency Issuer Default Ratings (IDRs) at ‘BB+’. This comes after Fitch’s revision of the outlook on Morocco’s sovereign rating to Negative from Stable on […]

Tunisians go to the polls to decide over new Constitution

Voting centers in Tunisia have opened early today July 25 for a national referendum on a new Constitution pushed by incumbent President Kais Saied while opponents call for the process boycott. The electoral commission of the North African country (ISIE) has indicated that 9,278,541 including 348,876 in the diaspora, have registered for the process. The […]