INSEAD Day 4 - 728x90

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

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Morocco impounds two million captagon pills at northern port

An investigation has been launched in the coastal city of Tangier. (Vogue)
  • In recent years trade of the stimulant has shot up, mostly originating in Lebanon and Syria, where a multi-billion-dollar industry has made the drug the country's largest export
  • Lebanese authorities have recently ramped up efforts to counter captagon production and trafficking after backlash from conservative Gulf nations

RabatMorocco— Moroccan authorities Friday seized more than two million amphetamine-type captagon pills, foiling an “international trafficking attempt” to West Africa, police said.

The pills were found at the Tanger Med industrial port complex on the kingdom’s northern coast, the DGSN security service said in a statement.

The drugs were “concealed inside a goods container onboard a maritime transport ship” headed from Lebanon to West Africa, it added, without specifying which country.

Searches “led to the discovery and seizure of psychotropic substances hidden inside barrels containing consumer products”, according to the DGSN, which said authorities seized “2,018,500 captagon tablets”.

An investigation has been launched in the coastal city of Tangier.

Trade of the stimulant has skyrocketed in recent years, mostly originating in Lebanon and Syria, where a multi-billion-dollar industry has made the drug the war-torn country’s largest export.

Lebanese authorities have recently ramped up efforts to counter captagon production and trafficking after backlash from conservative Gulf nations.