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EBRD to approve new $100 mln loan for Banque Misr to finance MSMEs
The European Bank for Reconstruction and Development (EBRD) is set to approve by end of May a $100 million loan program to Banque Misr, under the Financial Intermediaries Framework (“FIF”), to finance micro, small, and medium enterprises (MSMEs). The program, according to the EBRD website, will support BM’s lending to private MSMEs in Egypt, where […]
Coronavirus: king Mohammed VI exempts from rent tenants of Habous premises
King Mohammed VI gave instructions to the Ministry of Endowments and Islamic Affairs to exempt from rent the tenants of endowment premises intended for trade, business, services or housing, during the period of confinement because of COVID-19. King Mohammed VI, Commander of the Faithful and Supreme Nadher of the Waqfs, decided to exempt from […]
Morocco to achieve herd immunity within 5 months- Health Minister
Morocco is poised to reach herd immunity in three to five months which would enable a restoration of normalcy, health minister said. His statement comes after Morocco received a new batch of 4 million AstraZeneca doses enabling the ministry to extend the vaccination to people over 65 years old. Morocco had received last month two […]



