ISISflag-tripoli

Egypt: EGPC to convert petroleum debts into bonds

Authorities overseeing the Egyptian General Petroleum Corporation (EGPC) are considering the conversion of their debts of more than $5 billion into bonds. The idea came as proposals and discussions with the Egyptian Central Bank to scrutinize it have resulted in a positive outcome. These debts are owed to foreign oil companies operating in the country. […]

Hungarian FM commends Morocco’s contribution to peace in Africa, Mideast

Hungarian Foreign Minister Peter Szijjarto has commended Morocco’s role in promoting peace and stability, both in Africa and in the Middle East, as well as its contribution to the political process in Libya. This came during a phone talk he held with his Moroccan counterpart Nasser Bourita on Thursday. Szijjarto also hailed Morocco’s exemplary management […]

France top investor in Morocco in 2023

France retained its position as the first source of foreign direct investments in Morocco in 2023 with 680 million dollars, compared with 380 million a year earlier, Morocco’s foreign exchange office said. French investments represented 61% of overall investments in Morocco last year, the office said in a report. The UAE came second with investments […]