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 […]

Morocco-UAE defense cooperation discussed in Rabat

Cooperation between Morocco and the United Arab Emirates in the field of defense, exchange of experience and the setting up of joint defense industry projects was discussed at meetings in Rabat Wednesday. The first meeting gathered the Minister in charge of National Defense Administration Abdellatif Loudiyi and Chief of Staff of the UAE Armed Forces […]

Four Tunisian workers die in oil platform accident in Libya

Four Tunisian workers have lost their lives during an accident on the Bouri Offshore Field, about 120 kilometers north of the Libyan coast, Tunisia’s consul general in Tripoli told state-run agency TAP. Taoufik Guesmi told the agency their corpses would be repatriated either Sunday or today Monday. The men working for Tripoli-based Mellitah Oil & […]