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Tunisia eyes expatriates to boost investment, economic development

The first Economic Forum of Tunisian Expatriates organized by the Office of Tunisians Abroad (OTE) opened in Tunis on Thursday with the hope of promoting networking among Tunisians living abroad and encouraging investment in the country. Speaking at the opening ceremony, the Secretary of State in charge of Immigration and Social Integration Belgacem Sabri said […]

Morocco lowers representation at Bahrain’s Conference

Morocco lowered its representation at the Bahrain workshop on economic portion of President Trump’s Middle East plan, the foreign ministry said. An employee of the finance ministry will take part in the event, said the foreign ministry in a statement, adding that the Kingdom was invited to the workshop by the governments of Bahrain and […]

Morocco’s Holmarcom group takes control of Credit du Maroc Bank

Morocco’s Holmarcom group has taken control of Credit du Maroc, a subsidiary of French bank Credit Agricole. Holmarcom has bought all the 78.7% stakes owned by Credit Agricole in its Moroccan branch, in a move to strengthen its foothold in the finance and insurance business. Morocco’s Wafa Assurance and other stakeholders own 10.73% and 10.56% […]