COVID-19 recoveries

Morocco’s Holmarcom group takes control of Credit du Maroc Bank

Morocco’s Holmarcom group has taken control of Credit du Maroc, a subsidiary of French bank Credit Agricole. Holmarcom has bought all the 78.7% stakes owned by Credit Agricole in its Moroccan branch, in a move to strengthen its foothold in the finance and insurance business. Morocco’s Wafa Assurance and other stakeholders own 10.73% and 10.56% […]

RiskMap2017: Morocco Most Secure, Politically Stable in North Africa

Risks, a specialist risk consultancy, published its annual study on trends in global risk and security, The Risk Map, which ranks Morocco as one of the most secure and politically stable countries for business in Africa and the first in the Maghreb region. The map, which highlights different levels of political and security risk, presented […]

US bans sending bomb sniffing-dogs to Egypt, Jordan over negligence

The US has stopped supplying Egypt and Jordan with bomb sniffing-dogs after reports of negligence and deaths of the security animals. “Any death of a canine in the field is an extremely sad event and we will take every measure possible to prevent this from happening in the future,” said the Department of State. A […]