Counter-terrorism: Morocco Helps France Dismantle Terror Cell in St-Denis

Once again Morocco played a key role in the fight against terrorism. It provided French security services valuable intelligence that helped them locate another deadly terror cell that slipped the police net after the series of attacks committed in Paris last Friday. Thanks to Moroccan tip-off, the French police launched a dawn raid on a […]

Morocco Tightens Anti-Money Laundering Rules for Offshore Holding Companies

Morocco’s Exchange Office has published a Circular, introducing new vigilance and internal monitoring obligations for offshore holding companies operating within the kingdom’s offshore financial center framework. Economy and Finance Minister Nadia Fettah signed the circular on July 23, and it took effect immediately, applying under the law on combating money laundering and the law governing […]

Morocco: Water levels rise in inundated Ksar El-Kebir

Water levels in Ksar El Kbir increased further with new neighborhoods submerged by water released from a dam that runs over capacity. Due to the emergency, authorities evacuated most people of Ksar El Kbir in an operation that reached 154,000 people taken to safety. The large-scale emergency response across the Gharb and Loukkos regions came […]