Africa Business Headlines International Morocco

Morocco’s SNI Changes Name into Al Mada, Gears Activity to Africa

SNI, the largest stakeholder in the Moroccan economy, announced that it has changed its name into Al Mada in tandem with gearing its activity towards becoming a pan-African investment fund. This change was approved at a meeting of SNI’s board of directors on March 28 in Casablanca, said the company in a statement noting that […]

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Why Good French-Moroccan Relationships are so Disturbing?

Relations between France and Morocco have just started to warm up after a year of diplomatic row. The two countries have restored their judicial and security cooperation and the King of Morocco, Mohammed VI, currently on a private visit to France, held talks with France’s François Hollande on Monday afternoon at the Elysée. However, the […]

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 […]