The European Investment Bank (EIB) has provided Moroccan CIH Bank with a €60 million funding destined to support SMEs affected by the global health crisis generated by Covid-19 pandemic. The two financial institutions signed on Wednesday an agreement to support Moroccan companies to stimulate the economic recovery from the impact of the pandemic. The EIB […]
Cyprus justice authorities Sunday said they handed over to Egypt a 61-year old Egyptian man who hijacked and diverted in 2016 an EgyptAir flight from the city of Alexandria to Cyprus. Seif al-Din Mohamed Mostafa was returned to his homeland after Egypt provided guarantees that it will provide international standard legal procedures for his trial, […]
Morocco announced a tender for the development of Noor Midelt III, a 400MW solar plant part of a complex that is designed to be the largest in the world. Once completed the Noor Midelt project would have 1600 MW installed capacity, conducive to Morocco’s goals to generate 52% of its electricity from renewable sources. Morocco […]
