g7 news conference

KSA reiterates unwavering support for Morocco’s Sovereignty over its Sahara; commends King’s pioneer initiatives for Africa & support for Palestine

Saudi Arabia on Wednesday reiterated its unwavering support for Morocco’s territorial integrity and sovereignty over the Sahara, and insisted that it considers the Autonomy Initiative as the only basis to resolve this regional dispute, in full respect of Morocco’s sovereignty and territorial integrity. This stance was expressed during the 14th session of the Morocco-Saudi Arabia […]

EBRD to approve new $100 mln loan for Banque Misr to finance MSMEs

The European Bank for Reconstruction and Development (EBRD) is set to approve by end of May a $100 million loan program to Banque Misr, under the Financial Intermediaries Framework (“FIF”), to finance micro, small, and medium enterprises (MSMEs). The program, according to the EBRD website, will support BM’s lending to private MSMEs in Egypt, where […]

Morocco wants to diversify partners within and outside EU

Morocco has in recent years stepped up efforts to diversify partners within the EU and outside it, said Foreign Minister Nasser Bourita. Bourita, who made the statement following talks with Hungarian peer Peter Szijjarto, noted that Rabat looks at Hungary as a platform to access the Eastern European market. In this respect, Bourita said Morocco […]