China_trade

Egypt: World Bank supports housing for low-income households with $500m

The World Bank has granted Egypt a $500 million additional financing destined to support ongoing efforts to improve the affordability of formal housing for low-income households, the Washington-based institution said in a statement. The financing also seeks to strengthen Egypt’s Social Housing and Mortgage Finance Fund capacity to design policies and coordinate social housing programs. […]

Who are Morocco’s main external creditors?

By 2022, Morocco’s external debt stood at 423.6 billion dirhams ($41.2 bln) representing 31.8% of GDP, half of which was owed to multilateral development banks, according to finance ministry data. The International Bank for Reconstruction and Development, an offshoot of the World Bank, holds the lion’s share in Morocco’s external debt with 93.1 billion dirhams, […]

Morocco, regional hub for International Blockbusters

Morocco continues to stand as a hub for culture and cinema in a MENA region beset by turmoil and instability. Last year, 24 foreign films were shot in the Kingdom thanks to a solid cinema industry infrastructure and qualified human resources. These films generated returns for Morocco worth 280 mln dirhams, said the national cinema […]