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. […]
Mozambique’s highest court on Monday (23 December) confirmed the results of the country’s disputed presidential election, extending the ruling Frelimo party’s half-century grip on power. The Constitutional Council in Mozambique has validated Frelimo’s win of increased parliamentary majority in the October election that sparked widespread protests from opposition groups who insist the vote was rigged. […]
The United Nations Committee on the Exercise of the Inalienable Rights of the Palestinian People and Bayt Mal Al-Quds Asharif Agency have voiced their shared commitment to bolster their cooperation to support the Palestinian cause amidst the ongoing regional challenges. This came during a meeting in Jeddah on Monday between Mohamed Salem Cherkaoui, director of […]
