Africa Headlines Morocco

Morocco, Rwanda Seal 19 Cooperation Agreements

Morocco and Rwanda added a concrete aspect to their bilateral relations by signing 19 agreements setting the stage for cooperation in fields ranging from economy, finance and science to air transport and renewable energy. The agreements were signed in a ceremony attended by King Mohammed VI who is paying an official visit to Kigali and […]

Finance Headlines Morocco

Morocco: Attijariwafa Bank Eyes Takeover of Barclays’ Egypt Branch

Morocco’s leading banking group, Attijariwafa bank, has submitted a bid to take over British Barclay’s Egypt branch, a source close to the Moroccan institution told Reuters. The transaction has been estimated at $400 million. Barclay has decided to get rid of its Egypt’s branch as part of structural adjustment policy in a move to generate […]

Finance Headlines Morocco

Morocco: Attijariwafa Bank Crowned African Bank of the Year

The Moroccan Attijariwafa Bank Wednesday received international accolades as it was named top 2016 African Bank by peers at a ceremony in Lusaka, Zambia. More than 500 dignitaries made of business people and political figures from 24 countries acknowledged the work of the Moroccan institution, which is also ranked as the country’s leading bank. The […]

Africa Features Headlines International Morocco

Morocco’s Contribution to Cocody Bay Rehabilitation, Best Showcase of South-South Cooperation

Morocco’s solidarity with Africa is not hot air but a tangible reality. A reality that is taking shape and becoming more and more evident as King Mohammed VI has spearheaded over the past few days landmark projects in Senegal, Guinea-Bissau and Ivory Coast during his current African tour. The development projects and agreements sealed by […]

Business Features Finance Headlines Morocco

Morocco: Dar Assafaa to become an Islamic bank

The Moroccan banking group Attijariwafa Bank plans to transform its subsidiary Dar Assafaa into an Islamic financial institution according to the group’s CEO. Kettani said that the Attijariwafa Bank Group is transforming its subsidiary Dar Assafaa into a full Islamic bank, with its independent identity. In this context, the banking group belonging to the Royal […]

Features Headlines Morocco

Morocco’s King, a driving force in promoting African development

King Mohammed VI of Morocco participated Thursday in the inauguration ceremony of the new president of Mali Ibrahim Boubacar Keita, along a number of other heads of state, including France’s François Hollande. The presence of the Moroccan King at this ceremony did not go unnoticed because it was the first time that the king attended […]