Resolute Mining shares drop 32% after Mali arrests CEO, 2 executives

Australian gold miner, Resolute Mining’s shares dropped as much as 32% on Monday (11 November) following the arrest of its CEO and two executives while in Mali to discuss “claims made against” the company with the country’s authorities. CEO Terence Holohan and his two colleagues “were in Bamako to discuss with mining and tax authorities […]

IsDB Supports Morocco’s Inclusive Development & Job Creation

Morocco and the Islamic Development Bank (IsDB) have sealed a new partnership program focusing on inclusive economic development, competitiveness, exports and jobs creation. The four-year action plan (2019-2022) was sealed this weekend in Marrakech on the sidelines of the 44th annual meeting of the IsDB. It was inked by President of IsDB Group Bandar Hajjar […]

COVID-19: Morocco bans New Year’s Eve celebrations, adopts other precautionary measures

The Moroccan government announced, on Monday, a ban on New Year’s Eve celebrations, as part of a set of measures to curb the spread of the COVID-19. Besides banning all New Year’s Eve celebrations, the measures also include banning the organization of parties and special events in hotels, restaurants, and tourist establishments. Restaurants and cafes […]