Attijari Wafa bank

Egypt: tourism industry revived by land auctions

The revolt that brought an end to Hosni Mubarak’s presidency also prorogued the departure of investors and tourists in Egypt. To regain the 14.5 million visitors that generated 12.5 billion dollars, the actual tourism minister announced that lands will be auctioned for tourist developments. According to him “28 million sq meters will be put on […]

UN/Sahara: Several countries reaffirm support for Moroccan Autonomy Plan

Several countries have reaffirmed strong support for the “realistic & serious” autonomy plan offered by Morocco for the Sahara under its sovereignty during the UN C-24 regional seminar held lately in Bali, Indonesia. Addressing the UN Committee, the representative of Gabon said her country backs the “credible” autonomy plan proposed by Rabat for a lasting […]

Congress Approves US Aid to Cover all Moroccan Territory

The US Congress has approved the 2018 Appropriations Bill which- like its 2017 predecessor- allows Morocco to use US aid everywhere in the country, including in the Sahara. In doing so, US lawmakers renew their strong bipartisan support for a negotiated solution to the Sahara dispute, based on autonomy plan under Moroccan sovereignty, and encourage […]