EU supports Morocco’s health sector with €100 million

The European Union will extend Morocco €100 million (1.1 billion dirhams) to support the financing of the health sector in the context of the Covid-19 crisis The related agreement was signed Tuesday by Economy & Finance Minister Mohamed Benchaâboun, Minister of Health Khalid Ait Taleb, and ambassador of the EU in Morocco, Claudia Wiedey, The […]

Morocco: Trafficking attempt of over 4 tons of cannabis resin foiled at Tanger Med

Police and customs officers at Tanger Med Port thwarted an international drug smuggling attempt early Sunday morning, seizing 4.37 tons of cannabis resin hidden inside a fruit shipment bound for Europe, a security source said. The joint control operations carried out by the police and customs services of a Morocco-registered international freight truck heading to […]

Fitch downgrades Tunisia rating to ‘CCC-‘, confirming fears over economic collapse

The political and economic crisis is worsening in Kais Saied’s Tunisia. The uncertainties and fears over the collapse of this country has pushed Fitch agency to downgrade its Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC-‘ from ‘CCC+’. The downgrade of Tunisia’s IDRs, which is becoming a failed state, comes after failure of Tunisia’s authorities […]