laayoune

Algeria: Scare Tactics Will Not Work & Implosion Inevitable!

Sensing the social implosion is imminent after simmering for a while, the Algerian authorities resorted to scare tactics in a bid to continue clinging to power, hoping desperately to maintain the status quo. The Algerian state TV has broadcast lately special reports showing horrible, painful and shocking images of the bloody civil war in Algeria. […]

Morocco tenders for northern waterway

Morocco has launched a tender to build a waterway connecting two northern dams to ensure supply to Tangier industrial region. The project emulates the success of the waterway that carries water from the northwest to Rabat and Casablanca and which spared the two cities water cuts. Morocco is currently suffering the sixth year of drought […]

Morocco Approves Islamic Banking

As expected, Morocco’s Central Bank has finally given its green light to five Moroccan banks to set up Islamic banks – known locally as participative banking- and allowed three banks to sell Islamic products. The regulatory approvals concern the three major Moroccan banks Attijariwafa Bank, BMCE of Africa and Banque Centrale Populaire (BCP), and two […]