IFC to help Crédit du Maroc Bank facilitate development of SMEs, women’s entrepreneurship, green projects

The International Finance Corporation (IFC) will help Crédit du Maroc Bank facilitate the development of small and medium-sized enterprises (SMEs), women’s entrepreneurship, and green projects with a $100 million financing package. This agreement is in line with IFC’s strategy in Morocco, which aims to support private sector-led economic growth and job creation by promoting the […]

Egypt’s Central Bank Raises Cash Withdrawal Limit and Extends Bank Hours Amid Telecom Disruptions

The Central Bank of Egypt (CBE) has temporarily raised the daily cash withdrawal limit for individuals and businesses at bank branches from EGP 250,000 to EGP 500,000. This exceptional measure is intended to cushion the impact of ongoing telecommunications disruptions that have affected regular banking operations across the country. The CBE stated that the adjustment […]

Binter Airline Resumes Essaouira-Gran Canaria Air Route

Airline Company Binter on Saturday resumed direct flights between Essaouira-Mogador International Airport (ESU) and Gran Canaria Airport (LPA), marking its second consecutive year of summer links between the two destinations. Flights of the Spanish-regional airline will operate every Saturday until mid-September, with a 22% increase in capacity compared to the previous year. After a flight […]