Omar Hilale

Egypt negotiates World Bank loan

Negotiations for a loan agreement have commenced between the World Bank and the Egyptian government for the financing of the privatization and restructuring of the public sector. The government is being urged by Dr. Fakhry El-Fekky, the former International Monetary Fund’s assistant managing director to uphold the privatization process that was began by the former […]

Pharmaprom Invests 75 Million Dirhams in Casablanca Facility Expansion

Pharmaceutical manufacturer Pharmaprom is set to invest 75 million dirhams in expanding its production facility in Lissasfa near Casablanca, signaling growing confidence in Morocco’s pharmaceutical sector. The expansion, led by CEO Naoual Benyezzar, aims to significantly increase the company’s industrial and logistics capabilities as it targets 150 million dirhams in revenue within three years. The […]

Morocco, U.S. launch in New York Group of Friends on Artificial Intelligence for Sustainable Development

Morocco and the United States have launched in New York the Group of Friends on Artificial Intelligence for Sustainable Development. The group, launched by Morocco’s Ambassador to the United Nations, Omar Hilale, and his U.S. counterpart, Linda Thomas-Greenfield, held its first meeting at ambassadorial level at the headquarters of the U.S. Permanent Mission in New […]