chimpanzees

AFESD Finances Dam & Road Projects in Morocco

The Arab Fund for Economic and Social Development (AFESD) has extended Morocco two loans totaling 72 million Kuwaiti dinars (about 2.27 bln MAD) to help finance two projects. The loans will finance the rehabilitation of the Mohammed V dam in eastern Morocco, and the construction of the Laayoune expressway bypass in the South. The first […]

Morocco to set up two defense industrial zones

Morocco adopted a draft decree to create two defense industrial zones that will be home to military plants focusing on defense equipment, weapons, and munitions. The announcement was made in a statement made by spokesperson for the royal palace following a minister’s council, held Saturday in Casablanca, under the chairmanship of by King Mohammed VI. […]

Libya: Freeze Libyan sovereign fund till unification, Breish

Abdul Magid Breish, once the undisputed leader of the Libyan Investment Authority (LIA), has warned that the country’s $67 billion sovereign wealth fund should continue to be frozen “until we have total stability.” Four chairmen are claiming to be representing LIA for the past two years but Breish stressed that the two rival governments and armed […]