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EBRD supports Moroccan cheese-maker with additional €3.5 Mln funding

The European Bank for Reconstruction and Development (EBRD) announced on Tuesday an additional €3.5 million loan to Land’Or Maroc Industries (LMI), a Moroccan subsidiary of Land’Or, a leading Tunisian producer of processed cheese. The new financing will enable LMI to purchase and install additional equipment and build a storage extension at its new cheese manufacturing […]

Morocco: Pensions Fund RCAR acquires 16 million equities of Maroc Telecom

The Moroccan retirement pensions fund, Régime Collectif d’Allocation de Retraite, (RCAR) has acquired 16,229,447 shares of Maroc Telecom, which has floated 8 per cent of the company’s shares. The operation took place on June 17. RCAR with this acquisition has increased its share in the company to 5.81 per cent, the Moroccan Capital Market Authority […]

Demanding rise in books on Libyan history

According to Omran Salem of the Libyan Ministry of Culture and Civil Society who was present at the Cairo International Book Fair agreed that interest is not like it used to be. Other Libyans left before the end of the fair because there were not enough buyers. Salem who sells mainly literature, history and poetry […]