Morocco-renewable energies

Morocco took part in international forum on rapprochement of cultures, civilizations in Seville

Morocco took part in the international forum on the rapprochement of cultures and human civilizations, held by the Foundation of the Three Cultures in Seville March 29-30. André Azoulay, Advisor to King Mohammed VI and co-president of the Three Cultures Foundation, who led the Moroccan delegation to the forum, praised the efforts made by the […]

Holmarcom take over of BMCI marks exit of the last French lender from Morocco’s retail banking sector

Moroccan conglomerate Holmarcom is set to deepen the shift toward local ownership in the kingdom’s banking sector with its planned acquisition of BMCI from France’s BNP Paribas, in a deal that underscores the exit of the last French bank from Morocco’s retail lending. After completion of regulatory requirements, Holmarcom plans to merge BMCI with Crédit […]

EU’s Development Aid for Uganda in Question after Anti-Gay Law Passed

As a result of Uganda’s latest discriminatory law against homosexuals, a number of EU countries have expressed their intention to cancel development aid for the country. Despite warnings of the international community, Uganda’s President Yoweri Museveni, gave its ‘yes’ to an anti-gay bill that introduces an “aggravated homosexuality” offence, which is punishable by life imprisonment. […]