Takaful

COVID-19: Morocco extends state of health emergency until February 10, 2021

The Moroccan government Council, held in Rabat this Thursday Jan.07, has decided to extend the state of health emergency, that was scheduled to expire on Sunday Jan. 10, until February 10, 2021. The Council adopted the draft decree extending the state of health emergency throughout the national territory from Sunday, Jan. 10 at 6 p.m. […]

Fitch: Deposits in Morocco Islamic Banks to Grow up to 10 %

Islamic banking products in Morocco could expand their deposit bases by 5 to 10 pc, says Fitch Ratings, noting that the ability to grow the deposit base is positive for Morocco’s economic development because deposits represent about 70% of banking sector funding. “We expect growth of participation banks in Morocco will be high initially, as […]

EgyptAir to resume cargo flights to U.S.A. after 8-year hiatus

Egypt’s national carrier is set to resume cargo flights to the U.S.A. after eight years of suspension, Civil Aviation Commander Mohamed Abbas Helmy said Sunday September 24. Helmy’s remarks came at the end of a 7-day visit by a delegation from the US Transportation SecurityAdministration (TSA) to Cairo International Airport in which they inspected the […]