Tindouf-2

WB warns against impact of drought & water stress in Morocco

The World Bank has warned against the macroeconomic impact of droughts and water scarcity in Morocco wherein economic growth is expected to slow down in 2022 to 1.3 pc from 7.9 pc posted last year. While low rainfall shocks have historically been a driver of macroeconomic volatility in Morocco, droughts tended to be followed by […]

Algeria’s economic isolation deepens as EU Blacklisting triggers financial fallout

Algeria is entering a phase of deepening financial isolation following its inclusion on the European Union’s updated list of high-risk countries for money laundering and terrorism financing. While the blacklisting was formalized on June 10, 2025, its consequences are now materializing across Algeria’s already fragile financial system, exposing long-standing structural weaknesses. The EU’s decision, aligned […]

Morocco arrests foreigner wanted in Germany for drug trafficking

Morocco’s police arrested, on Sunday at Tangier Ibn Batouta Airport, a foreign national, subject of an international arrest warrant issued by German judicial authorities, for alleged international drug trafficking.   The suspect, aged 27, was arrested immediately after arriving onboard a flight from Istanbul airport in Turkey, a security source said. The suspect was the […]