Holmarcom Finance Company has agreed to acquire the 67% controlling stake held by BNP Paribas in Moroccan lender Banque Marocaine pour le Commerce et l’Industrie (BMCI), the two groups said on April 29. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals in Morocco, including from Bank Al‑Maghrib […]
Moroccan opposition is calling for a brush-up of the government’s social policies claiming that they do not yield expected outcomes or they have an impact on targeted groups. The opposition questions Prime Minister Abdelilah Benkirane and attacked him for not fulfilling his promises on labour market, health, housing, education, and poverty alleviation. According to Hakim […]
Indonesia and Morocco agreed to start negotiating a preferential trade agreement (PTA) in November to increase trade volume, the Jakarta Post reported. The agreement was reached at the second Indonesia-Morocco Joint Commission Session in Jakarta last Friday. The two countries’ delegations were led by Indonesian Deputy Foreign Minister AM Fachir and Mounia Boucetta, the secretary […]
