Morocco, EU resume Talks on Fisheries Agreement

Morocco and the EU have resumed talks to renew the four-year fisheries agreement to expire on July 14. The Moroccan delegation was led by Foreign Minister, Nasser Bourita, while the EU’s was chaired by Joao Aguiar Matchado Director-General for Maritime Affairs and Fisheries. The EU decision to open talks for the renewal of the fisheries […]

Riots in Algeria over Tax Hikes

The region of Bejaia, east of capital Algiers, was hit by violent protests against the new appropriation bill, which introduces new taxes and austerity measures on the backdrop of the dwindling hydrocarbon revenues. Dozen protesters and law enforcement members were injured in the riots that sparked in Bejaia and the nearby towns in the restive […]

Financing of SMEs: Banks to Apply Lowest Interest Rates Ever

In implementation of King Mohammed VI’s instructions to make the banking system conducive to development and to lower the rate of interest on loans within the framework of the integrated program of support and financing of SMEs, it has been decided that the interest rate will not exceed 2%. In response to the wishes of […]