oil & gas exploration

Morocco: Military Service enables young draftees to get skills & dose of patriotism

The registration of young eligible conscripts for 2023 started Wednesday in Morocco and will close on February 25. The 12-month compulsory military service for young people aged between 19 and 25 has been reinstated in 2019 after it was abandoned in 2006. In 2019, 133,820 young male/female Moroccans registered for the service and 178,166 volunteered […]

EBRD supports Morocco’s SMEs with a €40 Million Loan to CaixaBank

The European Bank for Reconstruction and Development (EBRD) is supporting small businesses in Morocco to withstand the coronavirus pandemic impact with a €40 million loan, approximately 430 million dirham, to CaixaBank’s Morocco branch. The EBRD loan will help CaixaBank to increase much-needed funding for local small and medium-sized enterprises (SMEs) to address companies’ needs. In […]

Morocco adopts bill on alternative sentences to reduce congestion in prisons

The upper and lower houses of the Moroccan parliament have both approved a bill that introduces alternative sentences with the aim of reducing overpopulation in Morocco’s prisons. The bill was advocated by the government as a solution to overcrowded Moroccan prisons. The prison population in Morocco surpassed 158% of capacity across the country’s 76 prisons, […]