Pompeo in Rabat

Egypt’s CIB receives $250 million loans from IFC for multiple purposes including green projects

Egyptian private Commercial International Bank (CIB) indicated Sunday it received $250 million from the International Financial Corporation (IFC) in form of multiple loans to be used to support its capital and fund green projects. The first loan has a value of $150 million and a 10-year term, including $90 million for the refinancing of outstanding […]

UN Security Council reacts to Syria’s chemical attack

Claims that government forces have used chemical weapons have attracted the United Nations Security Council’s attention. The council wants more information on the reports but Russia has refuted such allegations. More than 1,300 people have been killed by the attack. Three permanent members of the Security Council namely France, Britain and the United States together […]

Morocco, Zambia to Open New Chapter in Bilateral Ties

Zambia, a long-time supporter of the Algerian-sponsored separatist thesis, is set to open a new chapter in its relations with Morocco marked by strong economic and political ties. King Mohammed VI, who is in Lusaka, the second stop in a new African tour that previously led him to Accra, is leading a political and economic […]