Advertising

Keywords: بنك


Morocco secures $200 million AIIB loan to combat climate risks

The Asian Infrastructure Investment Bank (AIIB) has approved a $200 million loan to enhance Morocco's resilience to climate change, the Chinese Embassy in Morocco announced on Tuesday. The funding will support Morocco’s Nationally Determined Contribution (NDC) program, a cornerstone of the......

BDS France criticizes Jamel Debbouze’s restaurant for serving Israeli wines

France’s chapter of the Boycott, Divestment, and Sanctions (BDS) movement has sharply criticized “Dar Mima,” the upscale Moroccan restaurant co-founded by Moroccan-French actor Jamel Debbouze in Paris, for including Israeli wines on its menu. The controversy highlights the restaurant’s......

Morocco secures €202 million to modernize Casablanca's rail network

Morocco’s National Railway Office (ONCF) has secured €202 million in financing from Germany's KfW Development Bank to upgrade the Greater Casablanca railway network. This funding follows a $350 million loan approved by the World Bank in June, both supporting the “Service Intra-métropolitain......

Moroccan banks report slight drop in liquidity needs as central bank intervenes

Morocco’s banking sector saw a marginal decline in liquidity needs, with demand falling 0.88% in July to an average of MAD 113 billion ($12.53 billion), compared to MAD 114 billion ($12.66 billion) in June. Bank Al Maghrib (BAM), the country’s central bank, intervened with a total of MAD......

Morocco’s dirham strengthens against dollar, slips slightly versus euro in July

The Moroccan dirham exhibited mixed performance in July 2025, strengthening by 1.3% against the US dollar while depreciating by 0.2% against the euro, according to the latest economic review by Bank Al-Maghrib (BAM). These shifts coincided with a 1.5% rise in the euro’s value against the dollar. The......

Danish prime minister calls Netanyahu “a problem in himself”

Danish Prime Minister Mette Frederiksen declared on Saturday that Israeli Prime Minister Benjamin Netanyahu had become “a problem in himself” and vowed to use Denmark’s role in the rotating presidency of the European Union to increase pressure on Israel. “Netanyahu is now a problem......

Major west bank settlement project sparks global condemnation

Israeli Finance Minister Bezalel Smotrich has called for the acceleration of a major settlement project in the West Bank, aiming to build 3,400 housing units in the E1 area and formally annex the occupied Palestinian territory. The announcement has drawn strong international criticism. Smotrich, a far-right......

Moroccan banks gain ground as European lenders retreat from Africa

In just two decades, the financial dynamics of sub-Saharan Africa have undergone a seismic shift. European banks, once dominant in the region, are retreating, leaving room for African institutions—led by Moroccan banks—to expand their influence and reshape the landscape of African banking. European......

Calls for compensation rise as CBA posts record earnings and dividends

Australia’s largest bank, Commonwealth Bank (CBA), reported a record annual cash profit of AUD 10.25 billion for the year ending June 2025, representing a 4% increase compared to the previous year. The bank also announced a generous dividend payout of AUD 2.60 per share, totaling AUD 4.85 for the......