Rally du Maroc Giniel de Villiers

Morocco’s Financial System Shows Resilience Across Banking and Insurance Sectors

Morocco’s financial system continues strengthening its fundamentals, with banking and insurance sectors demonstrating robust performance, according to the Committee for Coordination and Supervision of Systemic Risks following its twenty-second session Tuesday at Bank Al-Maghrib headquarters. The banking sector recorded substantial profitability gains alongside reinforced solvency. Net income on a standalone basis increased 25% year-on-year through […]

Libya: Rebels clash, Gaddafi-era army officers return

Libyan armed factions accused each other on Monday of launching new attacks near the country’s largest oil port, Es Sider, after a partial ceasefire was announced by the end of last week in order to pursue a U.N. sponsored dialogue in Geneva. The government in Tobruk has integrated General Haftar into the army after a […]

Morocco’s labor unions reject strike law

A strike law that the government managed to pass in the Parliament’s two chambers has been rejected by the main labor union, who called for a nation-wide strike and protests. In addition to the law, the unions decry the impact of inflation, low wages and what they describe as deteriorating conditions of the working class. […]