bank-al-maghrib

Turkey, Egypt to cooperate on natural gas, nuclear power

Turkish president Recep Tayyip Erdogan said his country looks forward to cooperating with Egypt on natural gas and nuclear power, following a visit to Ankara by Egyptian president Sissi during which trade cooperation deals were also signed. The two countries are willing to strengthen cooperation in the fields of trade, defense, health, energy, and the […]

Morocco is right to worry about Iranian drone use by Polisario- security experts

Iranian drones made their way to North Africa through Algeria, according to Western security experts, vindicating Morocco’s warnings over the past months of Iranian destabilization acts that fuel terrorism and separatism. Morocco, which has been warning of Iranian incursions in the Sahel via Algeria, rang the alarm bell that the Polisario are seeking Iranian drones […]

Al Baraka Group Sells its Stakes in BTI to Moroccan Bank of Africa

Bahrain’s Al Baraka Group (ABG), one of the major Islamic banking and financing institutions, announced on Monday that it is exiting from two of its subsidiaries, Bank Al-Tamweel Wa Al-Inma (BTI) in Morocco and Itqan Capital, an investment company in Saudi Arabia. Its 43.6 pc stake in BTI will be sold to Moroccan Bank of […]