IMF urges Egypt to cancel low-interest loans initiatives as talks enter final phase

The International Monetary Fund (IMF) is calling on Egypt to cancel all low-interest lending initiatives including loans for small- and medium-sized enterprises (SMEs) and businesses operating in the tourism and mortgage sectors, three government sources who asked not be named told Al-Sharq business. The Washington-based institution told the central bank to cancel all low-interest initiatives, […]

Morocco Foils Smuggling of over 51 Thousand Ecstasy Pills

Moroccan security services have announced lately the seizure of 51,500 ecstasy pills at Tangier-Med Port. The drugs were concealed in a truck bound to Morocco, said the Moroccan police in a statement. The two drivers of the vehicle were arrested and an investigation was opened to identify suppliers of this illicit substance. Over three million […]

Growing Chorus of Countries Reaffirming Support for Morocco’s Territorial Integrity

The Foreign Ministers of several countries who took part in the 2nd Ministerial Conference on Peacekeeping in a Francophone Environments hosted by Rabat this week held on the sidelines of the conference talks with their Moroccan peer Nasser Bourita. These officials have joined their voices to the chorus of countries which have affirmed or reaffirmed […]