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Algeria Struggles to Catch up with Neighbors on Islamic Finance
Battered by the oil price slump, the underdeveloped banking sector in Algeria sees new financing sources in Islamic finance to tap into the huge informal economy and catch up with Morocco and Tunisia, which have already allowed such participatory banks to operate. As it edges towards offering banking services to suit more religiously conservative investors, […]
Moroccan Gendarmerie seize large amounts of potentially explosive chemicals
The Moroccan Gendarmerie has seized large quantities of a dangerous chemical near the small town of Moulay Bousselham, 120 kilometers south of Tangier. Scientists and senior members of the Royal Moroccan Gendarmerie discovered the chemical product, identified as nitric acid, hidden in a truck, reported Moroccan daily Al Massae Wednesday. The amount of nitric acid […]
Jerusalem Committee to Send Strong Message to Israel
The Al-Quds Committee which is holding its 20th session in Marrakesh this January 17-18 under the presidency of Mohammed VI, King of Morocco and chairman of the Committee, is poised to send a strong message to Israel about its unlawful practices in the holy city, deemed by Muslims, Christians and Jews as a common heritage. […]


