INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Morocco extends night curfew to curb surge in Covid cases

A member of Morocco's Interior Ministry Auxiliary Forces stands next to a vehicle while on patrol in a neighbourhood, enforcing the reimposed lockdown due to the COVID-19 coronavirus pandemic in the capital Rabat's old city on December 24, 2020. (Photo by FADEL SENNA / AFP)
    • The move is expected to hurt tourism business which pinned hopes on the summer season to attract national tourists

    • Daily COVID-19 infections have oscillated between 4,000 and 9,000 over the past week

    With the delta variant of the coronavirus striking most parts of the Middle East and North Africa region, Morocco, battling a surge in the infections, has decided to lengthen its night curfew, starting two hours earlier at 9 p.m. (2000 GMT) from Tuesday, the government said on Monday.

    The business and tourist hubs of Casablanca, Agadir and Marakech will be closed except to holders of the vaccine pass or those on necessary travel, the government said in a statement.

    The move is expected to hurt tourism business which pinned hopes on the summer season to attract national tourists after travel receipts dropped 70 percent in the first half this year.

    Daily COVID-19 infections have oscillated between 4,000 and 9,000 over the past week as the total number of cases people rose to 569,452 cases, including 9,885 deaths.

    However, Morocco has outpaced other African peers in its vaccine push, administering 24 million doses of the AstraZeneca and Sinopharm vaccines.

    Last week, the country started administering Johnson and Johnson doses after receiving a shipment of 300,000 jabs.