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Egypt Gets $6 M from IFC to Promote E-Payments
International Finance Corporation (IFC), a member of the World Bank Group, has announced $6 million investment in Fawry, Egypt’s leading electronic payment provider, in an effort to promote financial services and encourage economic development across the country. IFC’s investment will help Fawry embark on expanding its network of payment terminals across the country to make […]
Morocco Should Breakaway with French Model to Boost Competitiveness
“Strengthening the competitiveness of Morocco’s economic fabric hinges on breaking away with the French model that is detrimental to economic development,” said trade and industry minister Moulay Hafid El Alamy who was speaking at a conference in his capacity as a businessman. The French mode has failed. It hinders entrepreneurship and favors employment by the […]
Morocco uncompromising on its territorial integrity, FM
Morocco will never compromise on its territorial integrity at the UN-led direct talks in Geneva next December, Foreign Minister Nasser Bourita said. Speaking to Le Monde, Bourita said that any solution that undermines Morocco’s territorial integrity or that advocates the unfeasible referendum option will be rejected by Morocco. Bourita who made the interview last week […]



