The Algerian presidency announced Sunday the “retirement” of the head of Algerian intelligence services (DRS) General Mohamed Mediène nick-named “Toufik”. Abdelaziz Bouteflika, Head of State and Minister of National Defense “has put an end to the functions of the Head of Intelligence Department, occupied by General Mohamed Mediene who has retired,” a statement by the […]
Morocco is planning to set up a market for non-performing loans (NPLs) offering the possibility of buying and selling of unpaid loans beyond set deadline. Banks can sell NPLs to reduce risk, free up capital, and maintain profitability, while investors seek to profit by restructuring or recovering value. Morocco’s Central bank, Bank Al-Maghrib, has been […]
The ministry of interior Thursday announced end of the nationwide curfew imposed in the wake of the social riots which rocked the country over the past month. “In light of the improvement in the security situation, it was decided that from Thursday… the curfew on all Tunisian territory will be lifted,” the interior ministry said […]
