Morocco Telmidtice

Post-Covid: Moroccan CIH bank gets €40 Mln EBRD loan to support local businesses

The European Bank for Reconstruction and Development (EBRD) approved on Tuesday a €40 million loan package to Moroccan bank “Crédit Immobilier et Hôtelier” to enable it enhance the resilience of local trade and businesses affected by covid-19 pandemic. Under the agreement sealed by the two parties, the EBRD will provide a €20 million loan to […]

Tunisian Ennahda Party: Power, Power when you Hold US…

Tunisian Prime Minister Hamadi Jebali announced on Monday that his proposal to form a technocrat cabinet to bring the country out of the deadlock has fallen short. Following the second round of negotiations with some 15 political parties on his initiative to form an apolitical cabinet of technocrats, Jebali was quoted by Tunisia’s official news […]

Morocco assists Spain in intercepting ship carrying 3 tons of cocaine

The Spanish Tax Agency’s Customs Surveillance Service and the Spanish Civil Guard intercepted, on Wednesday, with Morocco’s assistance, a tugboat bearing the name “Sky White,” carrying some 3,000 kilograms of cocaine, divided into 80 packages of various sizes. The operation was subject to international cooperation of police services from Morocco, France, the U.S., the U.K. […]