Moroccan Mohamed Aujar-fact-finding mission on libya

Attijariwafa Bank Expects Egypt’s Unit to be its Major Growth Driver

Leading Moroccan bank, Attijariwafa Bank, is expecting its newly acquired Egyptian unit to be its major growth driver in coming years and is planning to expand its operations by adding new branches and hiring staff. The bank anticipates that the Egyptian operation will contribute 12% to 14% of its net income in 2018, with revenue […]

Morocco Sends Humanitarian Aid to Gaza

Morocco dispatched three airplanes loaded with 1.8 tons of aid to the besieged Palestinians in the Gaza strip, Morocco’s news agency MAP reported. The humanitarian aid, sent upon orders of King Mohammed VI, will be channeled to Gazans through Rafah crossing in Egypt. The shipment, which includes medical equipment and supplies, will help meet the […]

Coronavirus hits finances of Morocco’s private clinics, pharmacies

Revenue of Morocco’s private clinics and pharmacies dropped significantly, as many patients shun medical treatment over coronavirus fears. Head of Morocco’s private clinics association, Redouan Semlali, said revenue for most clinics dropped by 60 to 85% over the last two months with losses estimated at 100 million dollars. Quoted by L’economiste daily, Semlali said Damane […]