MCA meeting

Southern Provinces Take Lion’s Share of Public Investments

The region of Laayoune-Sakia El Hamra in Morocco’s Sahara will receive 17.8 billion dirhams in public investments in 2018, out of a total 57.65 billion dirhams allocated at the national level. The Sahara region ranks first among the other 11 Moroccan regions with 30% of overall investment budget in 2018.   After Laayoune, comes the […]

Egypt Locks in $140m Funding to Kick-Start New Alamein Silicon Industry

Egypt has secured $140 million in long-term syndicated financing for the first phase of a metallic silicon and silicon derivatives complex in the industrial zone of New Alamein, marking a strategic step in deepening domestic value-added manufacturing. The financing agreement was signed this week, in the presence of Minister of Petroleum and Mineral Resources, Karim […]

President Trump’s Senior Advisor reaffirms U.S. support for Morocco’s sovereignty over its Sahara

Massad Boulos, Senior Advisor for Africa to the President of the United States, reaffirmed, on Friday, Washington’s support for Morocco’s sovereignty over its Sahara and for the Morocco-proposed Autonomy Plan as “the only basis for a just and lasting resolution” to the regional conflict. The Presidential Advisor said, in a message published on the X […]