Moroccan Health Minister ait_taleb

Fitch Rating expects Moroccan banks profitability to improve in 2023

Fitch Rating highlighted the positive outlook for the seven largest Moroccan banks in 2023 whose profitability is set to improve on the back of a better risk management. “We expect profitability will improve at a faster pace in 2023 as lower impairment charges (LICs) should continue to decline while higher rates will start to feed […]

Algerian Civil War novel earns Kamal Daoud France’s top literary prize

The Prix Goncourt, France’s most prestigious literary prize, went this year to French-Algerian writer, Kamal Daoud, for his novel “Houris,” set during Algeria’s civil war in the 1990s. The novel has stirred the anger of the military regime in Algiers, whose leaders have had a role in the civil war that opposed the government to […]

Moroccan Navy on Course to Reinforce Submarine Warfare Deterrence Capacity

The Moroccan navy is seeking to reinforce its anti-submarine warfare capacities through the acquisition of helicopters as a prelude to the creation of an air-sea base, Moroccan media reported. The purchase of helicopters equipped with anti-submarine warfare systems as well as sea patrol aircrafts aims at creating a military balance with Algeria, which is expected […]