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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. […]
Safran’s new aircraft engine complex in Nouaceur strengthens Morocco’s position among emerging aerospace powers – British Portal
The new aircraft engine industrial complex of the Safran Group, to be built in Nouaceur, strengthens Morocco’s position among the emerging powers of the global aerospace industry, commented British portal The International Business Times (IBT). As reported by MAP, the portal, which serves as a platform for the British business community, noted that the complex, […]
Morocco’s debt rating outlook stable at Ba1, Moody’s says
Moody’s Ratings has affirmed Morocco’s stable credit outlook at Ba1, saying the rating reflects Morocco’s institutional strengths and robust external position. “The stable outlook reflects our expectation that the government will pursue economic and social reforms to improve the economy’s resilience to shocks while keeping the debt burden stable,” Moody’s said. “We expect the government […]



