Morocco is planning to set up a market for non-performing loans (NPLs) offering the possibility of buying and selling of unpaid loans beyond set deadline. Banks can sell NPLs to reduce risk, free up capital, and maintain profitability, while investors seek to profit by restructuring or recovering value. Morocco’s Central bank, Bank Al-Maghrib, has been […]
A Peruvian parliamentary delegation paid a visit to Dakhla on Tuesday to learn about the development momentum in the region across various areas. The visit of the Peruvian delegation, led by Speaker of the Peruvian Congress Eduardo Salhuana Cavides, provided opportunity to discover the region’s potential and infrastructure in various economic and social sectors. In […]
The government of Bolivia has decided to suspend its recognition of the self-proclaimed “SADR” and cut all ties with the Algerian-backed Polisario separatist group, deepening their international isolation. The move was announced on Monday by the Bolivian ministry of foreign Affairs. In a press release, this South American country said “it adopts constructive neutrality” regarding […]
