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Moroccan police arrest Interpol-wanted French, Swedish nationals
Marrakech police arrested on Friday evening a French national wanted internationally for attempted murder. Carried out in coordination with Morocco’s General Directorate for Territorial Surveillance (DGST), the arrest was based on an international warrant issued by French judicial authorities. The 25-year-old suspect was in Morocco illegally and was apprehended during a routine search. A suspected […]
China’s Hengtong to manufacture fiber-optic cables in Egypt
Chinese power and fiber optic cable manufacturer Hengtong will set up a plant in Egypt to produce fiber cable as result of a deal between the Chinese company and the Suez Canal Economic Zone (SCZONE). Hengtong will invest $18 million for the project with a capacity of up to 2 million kilometers in the zone. […]
IMF Approves $2.9 Billion for Morocco under PLL arrangements
The International Monetary Fund (IMF) has approved $2.9 billion for Morocco Under the Precautionary and Liquidity Line (PLL) that will provide insurance against external risks, support Moroccan efforts to reduce fiscal, external vulnerabilities and promote more inclusive growth. Despite a sharp pick up in global oil prices, Moroccan authorities have reduced fiscal and external vulnerabilities […]



