POPE GENERAL AUDIENCE

Islamic finance booming in South East Asia

According to a report published by Ernst & Young’s Global Islamic Banker of Excellence, global demand for Islamic bonds could triple to $900bn by 2017. This expected rise is partly driven by the fact that conventional investors look to securities backed by tangible assets. South East Asian economies, especially Malaysia is pushing to play the […]

Football: Will Morocco Join Spain-Portugal’s 2030 World Cup Bid ?

Morocco’s historic performance in FIFA World Cup 2022 has lifted the country’s global football status and enhanced its chances of joining the bid of Spain and Portugal to host the 2030 World Cup finals. Morocco’s Atlas Lions gained worldwide praise and respect in Qatar’s World cup tournament after eliminating Spain and then Portugal in knockout […]

France lends €350 mln to Morocco’s OCP to back decarbonization efforts

French development agency (AFD) offered a financing of 350 million euros in support of decarbonization efforts led by Morocco’s phosphates and derivatives giant OCP. A deal was signed between the two institutions on May 12, as OCP seeks more funding for its 13 billion-dollar decarbonization plan. OCP had announced a plan to use100% clean energy […]