Moroccan Bouchra Hajij – volleyball

Morocco 1st Green Bond Gets €135 Mln International Financial Support

IFC, a member of the World Bank Group, and Proparco, a subsidiary of Agence Française de Développement (AFD), are investing €100 million and €35 million, respectively, in the first green bond issuance by Banque Centrale Populaire (BCP), to promote sustainable, environment friendly projects in Morocco. This is the first green bond issuance in foreign currency […]

Eastern Libya’s budget push signals strategic bid for oil leverage amid political deadlock

In a bold financial maneuver, Libya’s eastern-based authorities have fast-tracked the approval of a $12.7 billion infrastructure budget—framed as a national development drive, but widely viewed by analysts as a calculated step to consolidate control over oil revenue streams. Overseen by Belgassim Haftar, son of military strongman Khalifa Haftar, the Development and Reconstruction Fund is […]

King Mohammed VI to Pay for Travel Expenses of Tropical Islands Delegations Attending COP22

In a gesture of solidarity, King Mohammed VI gave directives to pay for the travel expenses and accommodation of heads of state and delegations of Pacific Island countries attending the COP22 in Marrakech on November 7-18. The decision was announced by Morocco’s Permanent Representatives to the UN in New York, Omar Hilale, at a ceremony […]