Morocco’s Casablanca-Settat region and the International Finance Corporation (IFC) inked on Thursday a $100 million financing agreement for the construction of two new tramway lines in Casablanca and other infrastructure projects. The funding deal was signed by Mustapha Bakkoury, President of the Regional Council of Casablanca-Settat region, Nabil Belabid, Director General of Casa Transports and […]
Morocco’s GDP grew 10% to 146 billion dollars in 2023, the high commission for planning, HCP, said in its final statistics. Financial and non-financial firms contributed by 45% to the national GDP, while public administrations contributed by 15.2%, HCP said in a recent report. Households and non-lucrative entities contributed by 29%, it said, adding that […]
Teheran, which is facing growing pressure from the West to reach a nuclear deal in Geneva, is currently considering the purchase of a Russian advanced anti-aircraft missiles system, a deal, which if approved, is expected to irk Western powers. The chief of the Russian state arms firm Rostec, Mr.Sergei Chemezov said the company offered to […]
