Tunisia inheritance equality

Morocco to launch Takaful insurance soon

Morocco is putting the final touches on the Takaful insurance key to a growing participatory finance triggered by real estate mainly. Speaking at a national insurance seminar, Central Bank Governor Abdellatif Jouahri said Takaful will be launched soon as the main stakeholders are working together to finalize it. A law on Takaful was approved by […]

Algeria: Military Helicopter Crash Kills 12 Soldiers

An Algerian military helicopter crashed Sunday near Reggane (Adrar) in the south of the country causing the death of 12 soldiers. According to the defence ministry, the crash was caused by a technical problem. Two other soldiers have been injured in the crash. “A helicopter, a troop carrier Mi-171 type belonging to the Algerian air […]

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 […]