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French Fugitive Captured in Moroccan Crackdown at Ceuta Border

In a significant cross-border operation targeting illicit trade, Moroccan authorities apprehended a French national wanted by Interpol at the Bab Sebta (Ceuta) border post on Sunday, June 2. The suspect, whose name has not been disclosed by the General Directorate of National Security (DGSN), faces allegations......

UM6P and Deloitte Forge Alliance to Strengthen Africa's Cybersecurity

Mohammed VI Polytechnic University (UM6P) and Deloitte Morocco Cyber Center (MCC) have joined forces to bolster Morocco's and Africa's defenses against the growing cyber threats targeting critical infrastructure and industrial operations. The partnership, announced at the prestigious GITEX Africa......

Morocco Leads Global Effort Against Narcotics Threat

Renowned for its steadfast stance against the illicit drug trade, Morocco has cemented its position at the forefront of the global campaign to curb narcotics proliferation. In a significant endorsement of its proactive approach, the North African nation has been re-elected to preside over the prestigious......

Societe Generale Faces €4.5 Million Fine Over Deceptive Fees

France's financial fraud watchdog has taken action against banking giant Societe Generale, imposing a €4.5 million fine for engaging in deceptive practices that resulted in customers being unfairly charged fees. The penalties stem from an extensive investigation conducted by The General Directorate......

Morocco Maintains "Medium-Stable" Business Environment Amidst Regional Uncertainty

Amidst the economic and political uncertainties prevalent in the Middle East and North Africa (MENA) region, Morocco stands out as a relatively stable operating environment for international companies, according to a recent risk assessment. In Control Risks' 2023 RiskMap report, Morocco secured......

Morocco Adopts Stricter Cigarette Regulations from 2024 Onward

Commencing January 1, 2024, a set of new regulations governing the composition of cigarettes available in Morocco will be enforced, according to an announcement by the Administration of Customs and Indirect Taxes (ADII). In its most recent statement, the ADII has communicated that the stipulations detailed......

Premiums Inch Upward in Moroccan Insurance Sector

The Moroccan insurance sector witnessed a modest 1.4% increase in premiums during the first nine months of the year, as reported by the Insurance and Social Welfare Control Authority (ACAPS). By the end of September, premiums had reached 42.94 billion Moroccan dirhams. In the third quarter alone, premiums......