The number of bank cards increased in Morocco by 4.1 pc in 2021, compared to the previous year, reaching 17.9 million, says Morocco’s Central Bank in its latest report, noting that 88 pc of these cards were used for cash withdrawal. Over 5.4 million payment accounts were opened last year against 2.6 million transaction accounts […]
The Financial Action Task Force (FATF), a global financial crime watchdog, has included Algeria in the list of money laundering & terrorism financing countries. The FATF has made the decision during its plenary meeting held lately in Paris with the participation of delegates from the FATF’s Global Network of over 200 jurisdictions and observers from […]
The Italian government has excluded the Algeria-backed Polisario separatist group from the Italy-Africa summit, held in Rome, despite the pressure exerted by the Algerian regime which has tried to no avail to buy the support of Rome through discounted gas deals. The Algerian blackmail strategy of weaponizing its gas supplies to get political gains has […]
