corona allowances to underprivileged in Morocco

Egypt’s Commercial International Bank gets $150m loan from EBRD to cushion against economic risks

Commercial International Bank or CIB, one of Egypt’s leading private banks, has signed up for a $150 million loan from the European Bank for Reconstruction and Development (EBRD) to cushion against economic risks, a bourse statement said. Per the statement, the loan has a maturity of 10 years and will be used to optimize the […]

Automotive: Morocco, leading exporter to Europe, outperforming China in 2023

Morocco has become the largest automotive exporter to the European Union. With a robust growth trajectory in finished vehicle production, the country’s trade with Europe is set to further expand in the coming years, said London-based magazine “Automotive Logistics”. In 2023, Morocco’s automotive exports to the EU saw a substantial increase, reaching a value of […]

Morocco Mauritania to strengthen security cooperation

Mauritania is looking to Morocco as an economic and security ally in a region plagued by instability and closed-borders. After a political and diplomatic rapprochement that ended years of aloofness sowed by the previous Mauritanian administration, Morocco and Mauritania now look forward to fostering security cooperation. Two high-level delegations of Mauritanian security and military officials […]