Ouverture à Marrakech des travaux du 11è Forum mondial sur la migration et le développement MH

Libya Gives over $ 20 Mln to Syrian Rebels

The new Libyan leaders, who ousted Muammar Gaddafi, have granted over $ 20 million to the Syrian opposition and rebels fighting the tyrannical regime of Bachar Al Assad and his repressive forces. A financial statement released by the Syrian National Council (SNC) and posted in its Web site shows that the Libyan government, which itself […]

Morocco’s OCP more than triples profit, doubles revenue

Morocco’s phosphates and fertilizers producer OCP posted an all-time-high profit of 1.6 billion dirhams in 2021, up 272% as the company benefits from the surge in prices of phosphates and derivatives and the high demand on fertilizers. OCP’s total earnings nearly doubled to 84.3 billion dirhams the same year, a boon to public finances hit […]

IsDB, EIB to co-finance more projects in Africa, Southern Mediterranean Countries

The Islamic Development Bank (IsDB) and the European Investment Bank have discussed at meetings held in Luxembourg this week opportunities for co-financing new projects in Africa and Southern Mediterranean Countries. The meetings were held as an IsDB delegation, led by the Bank’s President, Bandar Hajjar, is visiting the European Investment Bank’s headquarters in Luxembourg. During […]