Morocco’s leading port operator Marsa Maroc has acquired 45 percent capital and voting rights in Spain’s Boluda Corporacion Maritima (BMT) for €80 million, establishing strategic presence across the Strait of Gibraltar. BMT operates nine ports spanning the Iberian Peninsula and Canary Islands. This strategic partnership “opens pathways to synergies” between both groups, “pooling complementary expertise […]
Egypt’s Ministry of Health and Population is targeting an annual revenue of $11.5 billion, or 10% of the global medical tourism revenues, the ministry’s spokesman Hossam Abdel Ghaffar has revealed. Ghaffar also disclosed to Al Arabiya that the North African country intends to launch an electronic platform to provide tourism services within 3 months. The […]
The World Bank approved on Wednesday a $450 million loan for Morocco which is deploying sustained efforts to modernize its public sector through the implementation of an ambitious governance reform program . Over the past few years, Morocco has embarked on long-term and wide-ranging reforms to improve the overall performance of the public sector and […]
