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Morocco: First Islamic Banks to Open Doors in 2017

Morocco’s central bank will start very soon granting permits to Islamic banks due to start operations in the North African Kingdom in 2017. So far several applications have been submitted to the Moroccan financial authorities for approval to open local branches. Among the applicants, two are from the Gulf region bidding to set up their […]

Spain Helps Algeria Upgrade Amphibious Logistics Ships

Algerian Navy has received early this week its logistics ship “BDSL Kalaat Beni Hammad” which was overhauled by Spanish shipbuilder Navantia. The Spanish company had earlier modernized a sister logistics support and landing ship, BDSL 473 Kalaat Beni Rached, as part of a deal concluded with the North African country. “This major modernization program has […]

World Water Forum: Morocco calls for greater international cooperation on water issues

Moroccan Minister of Equipment and Water, Nizar Baraka, called, Wednesday from Bali, Indonesia, for greater international cooperation in water issues in order to develop the sector’s role in public policy. “International cooperation in the water sector will play an important role in giving water the place it deserves in public policy”, he said at a […]