Moroccan authorities have foiled a smuggling attempt of 7.6 tons of cannabis in two separate drug busting operations carried out in the regions of Nador and Casablanca. On Wednesday, the security agents raided a home in “Inaala” village near Nador (Northeast Morocco) where they seized 150 bales containing a total of 5.3 tons of cannabis. […]
Morocco will allocate 3 billion dirhams this year and 3.2 billion next year, or a total of 670 million dollars to restore its national herd, including through financial support to farmers, agriculture minister Ahmed El Bouari said. Under this program, the government will earmark 700 million dirhams to restructure and cancel debt owed to 50,000 […]
Holmarcom Finance Company has agreed to acquire the 67% controlling stake held by BNP Paribas in Moroccan lender Banque Marocaine pour le Commerce et l’Industrie (BMCI), the two groups said on April 29. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals in Morocco, including from Bank Al‑Maghrib […]
