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Moroccan employers happy with interest rate cuts
Head of Moroccan employers association (CGEM) Chakib Alj said the key interest rate and reserve requirement cut to 1.5% and 0% respectively are conducive for an economic recovery from the repercussions of the coronavirus. These cuts give banks more flexibility in financing enterprises during this crisis notably SMEs, he told local media. The government has […]
Hafedh Caid Essebsi subjected to Customs search at Tunis- airport based on intelligence
The Tunisian Customs confirmed that Hafedh Caid Essebsi was subjected to a “search operation” at Tunis-Carthage International Airport last Friday, based on intelligence that he was illegally bringing in large amounts of foreign currency that he intends to use for suspected purposes, reported the official news agency TAP. The General Directorate of Customs said the […]
Morocco ready to help Algeria fight wildfires
King Mohammed VI has instructed the Interior and Foreign Ministers to express to their Algerian peers Morocco’s readiness to help Algeria fight the forest fires that are ravaging several regions of the country. According to a statement by the Foreign Ministry, two Canadairs were mobilized, on the King’s orders, to take part in this […]



