Egypt has increased the alert level to high in preparation of the Christmas celebrations given the massive church and mosque bombings the country suffered earlier this year. Egypt’s Interior Ministry has ordered 230,000 police officers to secure churches while putting all security departments on high alert, the MENA news agency said. Egypt will have to […]
Sanofi-Aventis pharmaceutical group has opened a state-of-art logistics hub in Casablanca, Morocco, giving a new impetus to the thriving pharmaceutical industry in the North African nation. The facility, built over a 12,000-sq/m2 zone, cost the Paris-based company an investment of 20 million euros. It will handle 1,300 products destined for local market and for export […]
Morocco’s central bank purchased 200 million euros of sustainable bonds from the World Bank as Morocco hosts the annual meetings of the IMF and the World Bank in Marrakech. The EUR 100 million 3-year and EUR 100 million 5-year Sustainable Development Bond transactions will support the financing of the World Bank’s sustainable development activities, the […]
