Moroccan banks have shown resilience to the impact of the Covid-19 crisis maintaining enough provisions to face the surge of the cost of risk due to a rise in impaired loans, analysts and the central bank say. The IMF has urged the Central Bank to keep ensuring that the Banks had enough provisions to deal […]
Moroccan security services foiled on Tuesday another major drug smuggling operation in the region of Agadir where they seized one ton and 770 Kg of cannabis inside a truck. The truck’s driver, 44, and his companion, 28, were arrested in this drug bust, says a press release issued by the Moroccan national police. The preliminary […]
Europa Oil & Gas, the UK, Ireland and Morocco focused oil and gas exploration, development and production company, announced this Tuesday Aug.3 the formal launch of the farmout initiative of its high-impact exploration opportunity, the Inezgane Offshore Permit, offshore Morocco in the Agadir Basin, awarded to the Company in 2019. Simon Oddie, CEO of Europa […]
