Developments of situation in Palestine discussed in Manama by Moroccan and Palestinian Foreign Ministers

Developments on the Palestinian scene were at the focus of a meeting in Manama Tuesday between Moroccan and Palestinian Foreign Ministers, Nasser Bourita and Mohamad Mustafa, who is also Palestine’s Prime Minister. During the meeting that reviewed means of promoting relations between the two brotherly countries, Bourita reiterated Morocco’s constant position, under the leadership of […]

Morocco to invest $10bln in rail projects by 2030

Morocco is planning to invest an additional 10 billion dollars (96 billion dirhams) to expand and develop its railway network, transport minister Abdesamad Kayouh said. At least, 5.3 billion dollars will be spent on the high-speed rail link between Kenitra and Marrakech as well as on the development of regional trains, the minister told MPs. […]

Egypt: ITFC earmarks $1.1bn for energy, internal trade funding in 2020

The International Islamic Trade Finance Corporation, IFTC, has allocated to Egypt $1.1 billion destined to fund the energy sector and internal trade in 2020, Egypt Today reports. Minister of Trade and Industry Nevine Gamea who made the announcement said $700 million of the funding will go to the energy sector, and $400 million to internal […]