CFG Bank, one of the smallest banks in Morocco, plans to issue an initial public offering at the Casablanca stock exchange. The decision was made by the bank’s general assembly with the aim to raise 600 million dirhams through a capital increase at the stock exchange. CFG will issue new shares with a par value […]
The Moroccan police found 1.370 tonnes of cocaine in a fish distribution company in Casablanca, in one of the major catches in the country. The banned substance was found when a fish distribution company alerted the police to the existence of the white powder, the police said in a statement. The Moroccan police […]
Morocco’s central bureau for judicial investigations (BCIJ) announced on Monday that they had dismantled a terrorist cell linked to the Islamic State’s affiliate in the Sahel region, thwarting a highly dangerous plot that had reached an advanced stage of preparation. According to BCIJ, the operation was launched following precise intelligence provided by the General Directorate […]
