Keywords: Debt
Alliances Group, one of Morocco’s leading real estate developers, reported a net profit of 216 million dirhams at the end of June 2025, marking a 30% increase compared with the same period last year. The company’s gross margin reached 35% of its turnover, according to a statement released......
Female activists and organizations in Morocco, including the Justice and Development Party's women's wing, have demanded a boycott of the upcoming World Forum of Women for Peace, accusing it of legitimizing Israeli actions in Gaza. The forum, scheduled to take place in Essaouira from September......
The Centre Monétique Interbancaire (CMI) has launched “Fatourati Collect,” a digital platform designed to streamline debt collection processes for businesses across Morocco. Introduced on September 7, 2025, this innovative service aims to enhance operational efficiency, reduce payment......
France’s credit rating was downgraded on Friday by Fitch, one of the world’s major rating agencies, marking the lowest level the country has ever received from a top institution. The downgrade, from “AA-” to “A+”, highlights growing concerns over France’s mounting......
France is grappling with an escalating sovereign debt crisis that threatens to destabilize the eurozone's second-largest economy as political turmoil compounds the government’s challenges. Prime Minister François Bayrou faces a critical confidence vote on Monday that could lead to his......
France is entering a period of political uncertainty as Prime Minister François Bayrou prepares for a crucial confidence vote on September 8 over his debt-reduction plan. The proposal, aimed at saving €44 billion ($51 billion), has drawn sharp criticism from opposition parties and unions,......
China’s Evergrande Group, once a symbol of the nation’s real estate boom, will be officially delisted from the Hong Kong Stock Exchange on August 25 after 16 years of trading. The company, regarded as the world’s most indebted property developer with liabilities exceeding $300 billion......
Moroccan households saw a modest reduction in their debt burden in 2024, with the average debt-to-income ratio falling to 34%, down from 35% in 2023. The findings come from the 2024 annual financial stability report, jointly published by Bank Al-Maghrib (BAM), the Insurance and Social Welfare Control......
The passage of the "Big Beautiful Bill" on Thursday cemented former President Donald Trump's dominance over the Republican Party. Despite internal dissent, Trump managed to rally his party behind the sweeping legislation, which is projected to add trillions to the national debt while implementing......
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