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Arab Futsal Cup: Morocco cruises to quarterfinals
The Moroccan national futsal team has qualified for the quarterfinals of the Arab Futsal Cup being held in Dammam in Saudi Arabia. Morocco defeated in the group stages all his three challenges, namely Kuwait (6-4), Somalia (16-0), and Mauritania (13-0), taking the lead of the group. In the same group, Kuwait will face Somalia, and […]
Egypt, IMF ink $3bn new loan program deal
The International Monetary Fund (IMF) said on Thursday it had agreed a $3 billion Extended Fund Facility (EFF) over 46 months with Egypt, Reuters reports. The deal is part of a four-year international financing program worth a total of $9 billion which also includes $1 billion from the IMF’s Resilience and Sustainability Trust (RST) and […]
Morocco to offer state guaranteed loans to upgrade hotels
Morocco plans to upgrade 25,000 rooms through state-guaranteed loans before 2025, when the country will host the African cup of nations and ahead of the 2030 World Cup, the tourism ministry said. Hotels wishing to apply could receive up to 100 million dirhams ($10 million) in loans, whose interests will be paid by the state, […]



