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Morocco: More than 3 million people to benefit from microloans by 2020

Morocco, which is already a regional leader in microcredit, is poised to develop its strategy in the sector, the aim being to increase the number of beneficiaries to 3.2 million people and to create some 2 million part time jobs by 2020. The announcement was made last week on the sidelines of the international conference […]

Major Job cuts to save UBS

Lately many European banks have been suffering because of the slow European economy. UBS, one of the major Swiss bank wishes to prevent dilapidating profits by diminishing operations that have been jugged risky. Thus deciding to mainly exploit its wealth management group. This bank that is based in Zurich was forced to put in place […]

GNA scorns Arab league meeting on Libya

The foreign minister of the UN-backed Government of National Accord (GNA) has said he would not attend an Arab league meeting of foreign ministers on Libya this week arguing that the GNA was not consulted. Taher Siala told the Pan-Arab organization’s executive council that this planned meeting would “deepen the rift” between Arab governments on […]