Waving flag of Australia and Morocco

Morocco: Three Alleged IS Militants Arrested in Fes

Moroccan counter-terrorism forces Thursday netted three alleged Islamic State group (IS) militants in the city of Fes, in the northeastern part of the North African country. The credit for this latest successful operation again goes to the Bureau Central des Investigations Judiciaires (BCIJ) known as Morocco’s FBI. The three militants were arrested in a morning […]

Morocco offers construction aid to 95% of quake-hit households

The Moroccan government said it offered construction aid to 95% of the households whose homes were completely or partly destroyed in the violent earthquake that ravaged villages in the High Atlas Mountains in September 2023. So far, 56,000 families received financial aid to rebuild their houses for a total cost of 1.4 billion dirhams ($140 […]

Morocco’s BCP Group acquires majority stakes in Madagascar’s BMOI

Morocco’s Banque Centrale Populaire, BCP, finalized Thursday the acquisition of 71 per cent stakes in Banque de Madagascar et de l’Océan Indien (BMOI), an Antananarivo-based bank owned by French group BPCE (Banque Populaire et Caisse d’épargne). The deal signed at BMOI will enable the BCP to deepen its foothold in the Indian Ocean area and […]