Morocco, which is already a regional leader in microcredit, is poised to develop its strategy in the sector, the aim being to increase the number of b...

Foreign Investors Courting Libya
Few months after the collapse of the despotic regime of Muamar Gadhafi and despite the difficult democratic transition the new Libya is experiencing, ...

Algeria to Invest Over $ 24 Bln in Power Projects
The Algerian government is planning to invest over $ 24 billion between 2012 and 2016 to enhance electricity production and distribution in the North ...

Libya’s Rashad bought by Arqaam
A deal has been reached for the acquisition of Al Rashad Finance and Management Advisory JSC (Rashad) together with its business, operations and finan...

JetBlue Teams Up with Royal Air Maroc to Bring Africa & U.S. Closer
New York’s Hometown Airline, JetBlue Airways, has teamed up Morocco’s flag carrier Royal Air Maroc to boost tourism and flight connections...

September Oil Exports Earn Iraq $8.4 Billion
Iraq’s oil exports during September reached the highest peak in three decades with about 2.6 million barrels per day, earning the country 8.4 billion ...

CFC Partners with TheCityUK to Develop Finance Industry
The Casablanca Finance City, an emerging regional financial hub in Africa, has partnered with the CityUK to develop of the securities and derivative m...

Islamic finance booming in South East Asia
According to a report published by Ernst & Young’s Global Islamic Banker of Excellence, global demand for Islamic bonds could triple to $900bn by ...

Air Arabia to Launch New Flights between Morocco and UK
Low cost carrier Air Arabia will start on October 28 offering five weekly flights between Morocco and the United Kingdom, bringing closer the two coun...

Clifford Chance Law Firm Opens Office in Casablanca
Leading international law firm, Clifford Chance, has officially opened its office in Casablanca on Thursday, giving the firm’s strong Africa pra...