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Morocco: Bank Card holders increased to nearly 18 Mln in 2021
The number of bank cards increased in Morocco by 4.1 pc in 2021, compared to the previous year, reaching 17.9 million, says Morocco’s Central Bank in its latest report, noting that 88 pc of these cards were used for cash withdrawal. Over 5.4 million payment accounts were opened last year against 2.6 million transaction accounts […]
Egypt Gets $ 200 Million EBRD Loan for Power Plant Project
The European Bank for Reconstruction and Development (EBRD) has approved a US$ 200 million loan for the construction of a new 1.8 GW combined cycle gas-fired power plant in Damanhour, north west of Cairo. This loan will contribute to funding the US$ 1.3 billion total project cost, which is also being supported by the European […]
Sahara: UN Petitioners Support Morocco’s Autonomy Plan, Decry Polisario’s Rights Violations & Ties with Terror Groups
Representatives of several NGOs, university professors and international law experts have voiced, at the United Nations, strong support to Morocco’s autonomy plan for a lasting solution to the Sahara conflict. The petitioners also denounced before the UN fourth Committee the ill-treatment, abuse and human rights violations committed in Tindouf Camps by Polisario militias having ties […]



