Canarias_NASA2

Algeria: Banks to re-schedule Coronavirus-hit companies’ loan instalments

Algeria’s central bank Tuesday issued a stimulus package including ability for retail lenders to defer loan payments for firms, which have been financially affected by the coronavirus crisis. Banks will continue to finance customers benefiting from loan payment deferrals, while reducing their minimum liquidity requirement to raise funding levels. The North African country has been […]

Nokia to build IoT infrastructure for Egypt

Egypt’s telecom company, Telecom Egypt has tasked Nokia International to build the country’s Internet of Things (IoT) infrastructure expected to spur improvement of businesses. The deal signed between Adel Hamed, managing director and CEO of Telecom Egypt, and Henrik Fall, head of cloud services and networks in the Middle East and Africa at Nokia, will […]

Morocco Contributes to Interpol Mediterranean Seaports Operation

Morocco, a major player in global counterterrorism, has contributed to a successful Interpol maritime border operation that helped to detect more than a dozen of suspected foreign terrorist fighters (FTFs) travelling across the Mediterranean. This international coordinated security operation was carried out July 24-Sept.8 in seaports of France, Italy, Spain, Morocco, Algeria and Tunisia. The […]