morocco economy

Egypt’s AAIB bank raises $500 mln in green bond

Egypt’s Arab African International Bank (AAIB) issued Africa’s largest private green bond worth $500 million to fund its sustainable development operations. Three renowned development financial institutions: the IFC, the EBRD, and British International Investment (BII) teamed up in this issuance, subscribing to the entire bond. The bond is also reflective of a strong commitment to […]

Algeria: Bouteflika fires Chief of Intelligence service

The Algerian presidency announced Sunday the “retirement” of the head of Algerian intelligence services (DRS) General Mohamed Mediène nick-named “Toufik”. Abdelaziz Bouteflika, Head of State and Minister of National Defense “has put an end to the functions of the Head of Intelligence Department, occupied by General Mohamed Mediene who has retired,” a statement by the […]

Egypt: Anti-terror law customized to meet Egypt’s nature, Foreign Ministry

The harsh criticism that met the Egyptian newly-ratified anti-terror law has been described as “a lack of accurate analysis” by foreign ministry spokesman Ahmed Abou Zeid on Wednesday. He claimed that the law was tailored according to the Egyptian reality but revealed that the law drew inspiration from the U.S Patriot Act and the British […]