Morocco’s Central Bank, known as Bank Al Maghrib, asked banks not to pay 2019 dividends to shareholders in order to boost their capacity to dealing with the coronavirus repercussions. This recommendation comes after a series of measures including boosting three-fold bank’s refinancing capacity and measures to make loans more accessible for households and companies, the […]
The judicial police of Kenitra seized, Thursday, nearly 9 tons of cannabis, foiling thus international drug trafficking operations. Following accurate information provided by the Directorate General of Territorial Surveillance (DGST), the Kenitra judicial police seized Thursday morning 2.1 tons of cannabis resin and arrested four individuals for their alleged ties with a criminal network involved […]
President Fattah al-Sisi inaugurated Wednesday Bernice military base, the largest in the country and the Middle East, set to emphasize Egypt’s influence in the Red Sea. Located on the Red Sea coast along Egypt’s southern borders, the Bernice base covers 150,000-acre and is house to a naval base, an airbase, an army hospital, some combat […]
