Morocco-Pacific-Islands-States-third Forum

Migration: European Leaders Seek Morocco’s Help

As the migration crisis in Europe has worsened and as illegal migration attempts from Morocco to Europe, particularly to Spain, have surged, some European countries are turning towards the North African Kingdom for help. In this connection, some European leaders have scheduled visits to Rabat to address this issue with Moroccan authorities, reports Al Massae […]

Egypt moves forward with privatization as Emirates NBD eyes Banque du Caire

Emirates NBD, the largest bank in Dubai by assets, has commenced due diligence on a potential acquisition of a stake in Banque du Caire, Egypt’s sixth-largest commercial bank. This acquisition is part of Egypt’s ongoing efforts to privatize state-owned businesses as the country seeks to raise up to $2.5 billion in its 2024-2025 fiscal year. […]

World Bank approvres $350 million financing for Morocco’s water program

The World Bank has approved a $350 million results-based financing program to support Morocco implement its National Program for Drinking Water Supply and Irrigation (PNAEPI 2020-2027) in the framework of the 30-year National Water Plan (PNE, 2020-2050). Launched in 2020, PNAEPI aims to improve water security by accelerating investments in the sector and strengthening the […]