MOROCCO-INDUSTRY-SAHARA-OCP-PHOSPHATE

National Bank of Oman to exit from Egypt in Q1 2020

National Bank of Oman, NBO, will cease operations in Egypt early next year at the decision of the board of directors. The NBO, registered on the Muscat Securities Market (MSM), has received approval to wrap up activities in Egypt, Mubasher reports. The outlet, citing bourse sources, notes that the closure will take place in Q1 […]

On Morocco’s increasing role in global food security

There is no exaggeration in saying that Morocco will play an increasingly important role in the world’s food security as the country sits on the globe’s largest phosphates deposits, key to the fertilizers’ industry. Modern agriculture has become more than ever dependent on phosphorus derived from phosphate rock, a non-renewable resource. Morocco as the country […]

US drone strikes ‘killed civilians’, AI says

The United States has used drones to kill civilians in Somalia, human rights watchdog Amnesty International said on Wednesday.   Amnesty says an 18-year-old woman and a 53-year-old banana farmer were killed in two separate drone strikes, one in the town of Jilib, the other in Kumbareere village. Three others were injured.   The US […]