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Geostrategy, Health

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Morocco ban passengers on Covid-hit liner

Passengers wait for flights at Tangier Ibn Battuta Airport in northern Morocco on 14 March (AFP)
By TRENDS Desk AFP
June 9, 2022 10:25 am
  • Morocco on Tuesday raised its alert level for Covid-19 from green to orange after recorded cases spiked in several major cities
  • Last month, Morocco had scrapped Covid rules that ask incoming travelers to present a negative PCR test
Morocco has refused entry to passengers on a German cruise liner after some tested positive for Covid-19, Moroccan media reported Wednesday.The Mein Schiff Herz, owned by German tourism giant TUI and capable of carrying 1,900 passengers plus crew, had been meant to dock in Tangiers on the Gibraltar Straits on Tuesday morning on its way to Lisbon.

But Moroccan authorities barred passengers from disembarking due to “a report received by the Moroccan health authorities which indicates an increase in cases of Covid-19 infection among passengers,” according to news website Le360.

Morocco on Tuesday raised its alert level for Covid-19 from green to orange after recorded cases spiked in several major cities.

Death and hospitalization figures are relatively low but the rising caseload comes as Morocco’s tourism operators hit by two years of near-zero visitor numbers desperately hope for a recovery.

Last month the kingdom scrapped rules that had obliged incoming travelers to present a negative PCR test.

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