El-Guerguarat

Moroccan banks report record profit in 2024

Moroccan banking activity improved in 2024 with major banks reporting record profits totaling $2.3 billion, a 21.3% increase compared with the previous year. The net profit attributable to shareholders rose by nearly 20% to 19.2 billion dirhams ($2 bln). The growth was spurred by the recovery in banking activity, cost reduction, and contained risk cost. […]

Rwanda poised to invest in tourism in Gabon

Rwanda Development Board (RDB) is mulling plans to invest in Gabon’s tourism sector in a bid to make travel easy for visitors of the two countries. RDB chairman Francis Gatare led a delegation that met this week with General Brice Clotaire Oligui Nguema, the transitional leader of the central African country. Talks between the two […]

Foreign residents in Morocco inoculated on similar footing as nationals

Thousands of foreign residents have benefited from Morocco’s free coronavirus vaccination campaign which kicked off on January 28. King Mohammed VI had ordered that the campaign be open to Moroccans and foreign residents in the country in a bid to achieve collective immunity as soon as possible. President of the association of French nationals in […]