Morocco’s BCP Takes Control Of BIA-Niger Bank
Reuters by Aziz El Yaakoubi Banque Centrale Populaire (BCP), one of Morocco's biggest lenders, has taken control of Niger's Banque Internationale pour l'Afrique (BIA-Niger), an official from the Moroccan bank said on Thursday. The deal was signed with the Niger's...
Mass Migration Is No ‘Crisis’
Gulf News THINKERS By Ellie Mae O’Hagan I have been interested in the way the migrant crisis is being debated in politics and the media. It is that word — crisis — that is particularly striking. It suggests that what we are seeing across Europe is an aberration, a...
UAE Leaders Meet With Saudi King In Morocco
The National staff King Salman Al Saud of Saudi Arabia receives Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai and Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces at his residence in Tangier. Wam...
As Oil Prices Crater, Algeria Needs An Actual Economy Or Big Trouble Looms
Informed Comment By Allan Christelow Like other oil producers, Algeria faces difficulties with the sharp decline in prices since 2014. But unlike oil producers in the Gulf region, Algeria has a strong tradition of public discussion, a tradition that has managed to...
Morocco Inflation Rises To 2.4 Pct Y/Y In July
Reuters by Aziz El Yakoubi Morocco's consumer price inflation rose to an annual 2.4 percent in July from 2 percent in June as food prices soared, the High Planning Authority said on Wednesday. Food inflation was up to 3.8 percent from 2.5 percent in the 12 months to...
Morocco Says Will Do All It Can To Samir Unpaid Dues
Reuters by Aziz El Yaakoubi Morocco's government said on Wednesday it will not bow "to pressures" from the country's oil refinery operator Societe Anonyme Marocaine de l'Industrie du Raffinage (Samir) and will do everything possible to recover unpaid tax dues and...
Spain Investigates How Migrants Escaped From Holding Centers
AP News The Spanish government is investigating how more than 40 migrants escaped from two internment centers in the south of the country where they were being held. The Interior Ministry says some 35 escaped Sunday from a center in Algeciras — near Spain's...
Arab Countries’ Aid To Libya To Fight Terrorism Insufficient
Sputnik.news Arab countries do not provide enough aid for the legitimate Libyan government to counter terrorism in the country, Secretary-General of the Arab League Nabil Araby stated Tuesday. An Arab League Cairo session was called by Libyan authorities following...
Morocco Jan-July Trade Deficit Falls 20.5 pct On Cheaper Oil
Reuters By Aziz El Yaakoubi) Morocco's trade deficit fell 20.5 percent to 92.38 billion dirhams ($9.45 billion) in the first seven months of 2015 compared with a year earlier, due to lower energy imports as oil prices fell, the foreign exchange regulator said on...
Morocco Takes Delivery Of Three Chinooks
IHS Jane's Defence Weekly Jeremy Binnie, London The Boeing CH-47 Chinook heavy lift helicopter is set to re-enter service with the Royal Moroccan Air Force (RMAF) after three were delivered to the kingdom on 15 August. One of Morocco's three new CH-47D Chinook...