moroccan banks

Algeria’s intelligence agency dissolved by President Bouteflika

A presidential decree, that is yet to be published in the official gazette, has dissolved Algeria’s influential Department of Intelligence and Security (DRS) and created a new intelligence agency known as the Direction of Security Services (DSS.) The new agency is to be led by a retired DRS chief, General Athmane Tartag, making many to […]

Moroccan industry retrieves 93% of jobs lost to Covid-19

The Moroccan industry is steadily recovering from the repercussions of the coronavirus and the restrictive measures related to it with 93% of jobs lost to the virus now retrieved, industry minister Moulay Hafid El Alamy said. In this respect, 100% of jobs lost in the pharmaceutical industry were restored while the rate is 97% for […]

Morocco’s dam filling rate improves on recent rainfall

Dam filling rate increased to an average of 37% in Moroccan dams totalling 6.3 billion cubic meters, thanks to recent rainfall which revived farmers’ hopes after a prolonged drought. The rate improved from 26% last year, thanks to a sustained rain and snowfall that has continued across the Kingdom since early March. The filling levels […]