
World Bank Approves $611 Million Loan to Boost Morocco's Digital Economy
The World Bank approved on Tuesday the granting of a loan to Morocco of around 611 million euros, or more than 6 billion dirhams, for the development of digital technologies.
Bladi.net

The World Bank approved on Tuesday the granting of a loan to Morocco of around 611 million euros, or more than 6 billion dirhams, for the development of digital technologies.

Several operations by the Moroccan customs services have in recent days led to the arrest of Moroccans residing abroad , in possession of large sums of undeclared money to the Foreign Exchange Office.

A few days ago, the Spanish authorities had welcomed the interconnection agreement signed with Morocco, which provides for the delivery of electricity by the kingdom at fairly low prices and which follows the planned shutdown of several power plants in Spain.

The inhabitants and professionals of the city of Melilla are beginning to seriously worry about the non-arrival of fish from Morocco. Yesterday was the second day the city did not receive any fish from the kingdom.

The real estate sector in Morocco experienced a slight drop in prices in the 4th quarter of 2018, according to the latest figures published by Bank Al-Maghrib, which nevertheless show a general stabilization throughout the year.

A crisis that looks set to last a long time. Victim of an unprecedented boycott by Moroccan consumers last year, Danone is still struggling to recover and this is reflected in its profits.

The airline Royal Air Maroc has just announced the strengthening of its domestic flights, particularly through Mohammed V Airport in Casablanca, with prices starting at 360 dirhams one-way.

A routine check by customs officers in the Bielsa tunnel in the Hautes-Pyrénées led to the discovery of nearly 250 kilos of Moroccan cannabis in a car driven by a Canadian national.

Alexandre Benalla, the former collaborator of the French President Emmanuel Macron, was placed in detention on Tuesday for not respecting his judicial supervision imposed as part of the investigation into the violence against demonstrators on May 1st.

While it was a candidate to host the 2006 World Cup, Morocco saw this organization granted to Germany, after the intervention of certain senior officials within FIFA and the German football federation.

The former French Minister of National Education Najat Vallaud-Belkacem was in Morocco last weekend where she participated in a meeting organized by the Council of the Moroccan Community Abroad (CCME).

The bloodbath was probably narrowly avoided by the services of the Central Bureau of Judicial Investigation (BCIJ) following the dismantling of a terrorist cell last week in the Safi region. Tourist and security sites were in the sights of the terrorists.