Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Airspace open for aid flights to quake-hit Morocco, says Algeria

The Algerian foreign ministry offered the nation's "sincere condolences to the brotherly Moroccan people for the victims of the earthquake". (AFP)
  • Algerian authorities "have decided to open the airspace to flights transporting humanitarian aid and injured" from the quake.
  • Algeria closed its airspace to all Moroccan aircraft in September, 2021 after having cut diplomatic ties with its longtime foe.

ALGIERS, ALGERIA – Algeria will allow aircraft carrying humanitarian aid to quake-hit Morocco to pass through its airspace, the president’s office announced on Saturday, suspending a two-year ban on flights to its regional rival.

A 6.8-magnitude earthquake struck a mountainous area southwest of the Moroccan tourist hotspot of Marrakesh late Friday, killing over 1,000 people, injuring at least 1,200 others and causing widespread damage.

Algerian authorities “have decided to open the airspace to flights transporting humanitarian aid and injured” from the quake, the president’s office said in a statement.

Algeria closed its airspace to all Moroccan aircraft in September, 2021 after having cut diplomatic ties with its longtime foe.

Despite the rivalry between the North African neighbors, Algerian authorities were “fully prepared to provide humanitarian aid and mobilize all material and human resources in solidarity with the brotherly Moroccan people upon request from the Kingdom of Morocco”, the statement said.

In an earlier statement, the Algerian foreign ministry offered the nation’s “sincere condolences to the brotherly Moroccan people for the victims of the earthquake”.