The European Bank for Reconstruction and Development (EBRD) has granted Novares Morocco, the Moroccan subsidiary of the French automotive supplier Novares Group, a €16.5 million loan. The amount will be used to finance the Novares project in Morocco, supplying the plants of Peugeot PSA in Kenitra and of Renault in Tangiers. The funds will also […]
King Mohammed VI has sent messages to King Salman bin Abdulaziz of Saudi Arabia and to Bahrain’s ruler, King Hamad bin Issa Al Khalifa. The message to the Saudi King was handed over on Wednesday at the Al Yamamah Palace in Riyadh, by Foreign Minister Nasser Bourita. During this audience, Bourita conveyed to the Custodian […]
The European Union (EU) Thursday announced it would grant Tunisia a new assistance package worth €300 million next year but in the form of donation aside from regular financial assistance also doubled to reach €300 million. The EU has established itself as a strategic partner of the nascent Arab democracy. The 28-member bloc will double […]
