Nawal Moutawakkil

King Mohammed VI reasserts Morocco’s neighborliness in Maghreb

Since taking the reign in Morocco, King Mohammed VI, who visited Algeria, has adopted an outstretched hand policy towards Algeria with the aim of building a strong regional union in the Maghreb at a world where regional grouping and integration are more important than ever. In past speeches, reinvigorating the Maghreb Union made up of […]

Morocco: King Mohammed VI chairs third Ramadan lecture

King Mohammed VI, Commander of the Faithful, accompanied by Crown Prince Moulay El Hassan and Prince Moulay Ismail, chaired, Thursday at the Royal Palace in Casablanca, the third religious lecture of the holy month of Ramadan. This lecture was delivered by the president of the Local Council of the Ulemas of the prefecture of the […]

Fitch agency: Moroccan Banks Net Income Reaches Record Levels 2023

Moroccan banks’ profitability continued to recover strongly in 1st half of 2023, with aggregate net income reaching record levels, says Fitch rating agency, noting that the positive trend should continue in 2nd semester due to higher interest rates and loan book growth. The seven largest banks’ aggregate net income increased by 28% yoy in 1st […]