Chahed

EBRD Prepares €350 Million in Loans for Morocco’s ONEE and ONDA

The European Bank for Reconstruction and Development is preparing two structurally significant financing operations for Moroccan public enterprises, totaling up to €350 million. The first, a €250 million loan to the National Electricity and Water Office (ONEE), is designed to support a performance improvement program for the country’s drinking water distribution network. The second, a […]

Bayt Mal Al-Quds Asharif Agency to empower city’s families through small-scale productive projects

Rabat-based Bayt Mal Al-Quds Asharif Agency will support and empower Al-Quds families through small-scale productive projects under an agreement signed Wednesday with Al-Quds Governorate. The agreement, which was initialed by the Agency’s Coordinator of Programs and Projects in Al-Quds, Ismail Ramli, and the Vice Governor of Al-Quds, Abdellah Sayyam, aims to support and empower families […]

ECJ’s anti-Morocco verdict, a sword thrust in water – FM says

The political verdict rendered by the European Court of Justice, annulling the EU’s trade deals with Morocco, was an ineffectual decision that is akin to a sword thrust in water as far as the Sahara issue is concerned, said Moroccan foreign minister Nasser Bourita. Bourita, who reiterated the same stance expressed in an official statement […]