Morocco Officially Submits Request to Return to African Institutional Family

Morocco has officially submitted a request to regain its place as a member of the African Union (AU) during a meeting between Royal Advisor Taieb Fassi Fihri and the AU Commission Chairperson, Nkosazana Dlamini Zuma, on the sidelines of the 71st Session of the United Nations. The Kingdom of Morocco has officially submitted a request […]

Diplomats accredited to Laayoune wish closer economic cooperation with Morocco

Heads of consular missions accredited to Laayoune expressed, on Thursday, their respective countries’ wish to boost economic cooperation and further expand investment opportunities with Morocco. Consuls of several African and Arab countries in Laayoune underlined the need to upgrade the strong political and diplomatic relations with the Kingdom to the level of a strategic partnership. […]

Fresh financing deal: Egypt gets $1.5 billion from ITFC to finance petroleum & basic commodities imports

The International Islamic Trade Finance Corporation (ITFC) will provide Egypt with $1.5 billion, a new financing agreement earmarked for imports of petroleum and basic commodities. Hani Sonbol, ITFC CEO announced the agreement to Bloomberg Asharq adding that the amount includes $800 million for petroleum imports and $700 million for basic commodities. The new deal is […]