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Morocco’s Akdital acquires Tunisia’s Taoufik Hospitals Group

  Moroccan clinic operator Akdital said it signed a protocol agreement to buy 100% stake in Taoufik Hospitals Group (THG), marking its first expansion into North Africa outside Morocco and the Gulf. Founded in 2014, THG operates four private hospitals in Tunisia with a combined capacity of over 600 beds, including 100 intensive care beds, […]

Tunisia: State of emergency extended for another month

President Caid Essebsi Monday extended for another month the state of emergency in place in Tunisia since November 2015 following a deadly attack that hit the presidential protection team. The extension of the nationwide state of emergency from February 5 to March 6 was taken after consultation with the Prime Minister and the Speaker of […]

Moroccan Banks Respond to Algerian FM’s Defamatory Statements

Following the verbal blunders uttered by Algerian Foreign Minister, Abdelkader Messahel, who blatantly accused Moroccan banks of laundering cannabis money in Africa, the Professional Grouping of Moroccan Banks (GPBM) released a statement rejecting such accusations as “hateful and irresponsible”. The diatribe against Morocco that the Algerian Foreign Minister shamefully made during a meeting at the […]