Fishing

Moroccan Banks: Profits hit MAD 3.4 billion in 2019 first quarter

At the end of the first quarter of 2019, Morocco’s banking sector posted a 6% increase in profits compared to last year, with 3.4 billion dirhams (MAP). The first three months of the year 2019 were favorable for the banking sector, states local daily, l’Economist, in its Monday issue. Overall income of the banking sector […]

Sound Energy Confirms Success of Second Onshore Discovery in Eastern Morocco

After making a significant onshore gas discovery in Tendrara in Morocco’s north east, Sound Energy confirms the success of a second TE-7 gas well lying only 1.6 kilometres away from its TE-6 first well. “I am pleased to report the success of our second well at Tendrara and that the use of sub-horizontal drilling techniques […]

Euro 2016: Morocco’s Intelligence Services Helping France Again

Moroccan security and counterterrorism agents are helping once again French authorities to counter terror threats as the country is hosting Euro 2016, according to press reports. Following the breakthrough made by the Moroccan intelligence services which helped French police pinpoint  the hideout of the terrorists responsible for the Paris deadly attacks of last November, France […]