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Egypt applies to join Shanghai-based New Development Bank
Egypt has reached a deal with Shanghai-headquartered New Development Bank (NDB) to join the financial institution whose strategy the Arab country says is in line with its vision. Minister of Finance Mohamed Maait according to the statement from his department held talks with NDB’s Chairman Marcos Troyjo on the sidelines of COP27. Both parties, the […]
Morocco-China trade poised to further grow
Trade between Morocco and China grew by 50% from 2021 to 2022 as China becomes Morocco’s first trading partner in Asia. Mehdi Laraki, head of Morocco-China business council, told le360 that Chinese investments in Morocco totaled 56 million dollars in 2022 in vital fields such as industry, transport, real estate, and energy. There has been […]
Rabat, Washington, London pool forces to counter Money Laundering
Marrakech is hosting this May 10-11 a workshop gathering senior criminal prosecution and criminal investigation officials from the United States, the United Kingdom and Morocco to share successful strategies in prosecuting money laundering crimes. The workshop, meant to enhance Morocco’s investigation and prosecution of money laundering, translates the kingdom’s commitment to join efforts with its […]



