ARMOURED VEHICLES

Morocco’s BCP Group acquires majority stakes in Madagascar’s BMOI

Morocco’s Banque Centrale Populaire, BCP, finalized Thursday the acquisition of 71 per cent stakes in Banque de Madagascar et de l’Océan Indien (BMOI), an Antananarivo-based bank owned by French group BPCE (Banque Populaire et Caisse d’épargne). The deal signed at BMOI will enable the BCP to deepen its foothold in the Indian Ocean area and […]

Tunisia: Three IS Propagandists Pinned down

Tunisian security forces have netted three young Tunisians suspected of promoting the Islamic state group (IS) on the island of Djerba visited by thousands of tourists, reports say. Tunisia’s tourism industry, one of the country’s top job providers, has been seriously devastated following the 2011 revolution. Signs of pick-up over the past years have been […]

Morocco on Way to Tip Arms Balance with Algeria

The heavy weights of the Maghreb are taking their arms race to the skies with Morocco opting for advanced US jets while Algeria sticks to its Russian supplier amid a lethargy in their bilateral ties on the back of diverging stands on the Sahara issue. Morocco has on multiple occasions extended an outstretched hands policy […]