Polisario ‘Diplomat’, Persona Non-Grata in Laayoune

Moroccan authorities in Laayoune airport denied entry to Polisario official, M’Hamed Salem Hamda Birouk, who serves as an “ambassador” of the separatist group in Argentina. The Polisario official, who was intending to visit his family in Laayoune, was denied access to the city and spent Monday night in the airport. He had to return back, […]

PJD Minister faces media backlash after failing to impose fuel price caps

Islamist PJD governance minister Lahcen Daoudi is subject to fierce criticism after he failed to uphold his promise of imposing caps on prices of fuel. The Minister had promised that profit margins of fuel companies will be controlled by mid-March but kept postponing the measure. Yet, this week the Minister bluntly admitted while speaking to […]

EBRD to approve new $100 mln loan for Banque Misr to finance MSMEs

The European Bank for Reconstruction and Development (EBRD) is set to approve by end of May a $100 million loan program to Banque Misr, under the Financial Intermediaries Framework (“FIF”), to finance micro, small, and medium enterprises (MSMEs). The program, according to the EBRD website, will support BM’s lending to private MSMEs in Egypt, where […]