Secretary of State

Moroccan airlines to quadruple its fleet before 2030 World Cup

Moroccan state-owned airlines RAM is speeding up its expansion as it plans to quadruple its fleet to 200 by 2030, seven years of a previously announced date. RAM will launch a tender to buy the 200 mostly medium haul airplanes by year’s end, CEO Abdelhamid Addou told Reuters at the IMF-World Bank meetings in Marrakech. […]

Morocco’s Aouda Saadia School Wins Zayed Future Energy Prize

Moroccan Aouda Saadia high school of Marrakech, representing Africa, has been awarded Zayed Future Prize 2018 for its ecologic drive and green project encouraging use of renewables. The award was handed over by Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to Fatima Kander, teacher […]

Egypt: Economy shows signs of revival, two new ministries underway

The Egyptian government has received a big boost after it sold $1.5 billion of 10-year bonds at a yield of 6% with lead managers claiming that $4.5 billion of investor orders were attracted by the bond issuance. The success of this first international bond issuance under Sisi’s government shows signs of a return to normality […]