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Suspected Egyptian spy discovered in Angela Merkel’s press office

German police said on Thursday (9 July) that they had opened an investigation against an alleged Egyptian spy working for Chancellor Angela Merkel’s press office. The man is suspected “of having worked for years for an Egyptian intelligence service,” German Internal Intelligence said in a report, adding that the investigation opened in December 2019 “continues” […]

European Commission supports Morocco’s ecological & inclusive agriculture with €115 Mln

The European Commission adopted on Tuesday a new program worth €115 million to support Morocco’s ecological, inclusive and innovative farming. Dubbed “Terre Verte”, the program aims to contribute to Morocco’s strategies “Green Generation” and “Moroccan Forests” covering the period 2020-2030 by promoting an ecological transition conducive to the creation of decent work opportunities in Morocco […]

Morocco’s OCP Group raises $2 billion from bonds sale

Morocco’s state-owned OCP group has successfully raised $2 billion from Eurobonds sale which attracted massive investor interest, exceeding $6.2 billion, or 3.1 times the amount offered. According to press reports, the world phosphate and fertilizer giant issued 10-year and 30 year-bonds with interest rates of 6.75% and 7.5% respectively. The raised money will help the […]