exim-bank-agencies

Situation in Gaza: Morocco stresses importance of US President’s proposals; hopes parties concerned will commit to implementing roadmap

Morocco has stressed the importance of the proposals put forward by US President Joseph R. Biden, aimed at, among others, promoting a lasting ceasefire in Gaza, and expressed hope that the various parties concerned will commit to implementing the roadmap proposed. The Moroccan Foreign Affairs Ministry said in a statement that Morocco, whose Sovereign is […]

AfDB lends Morocco Over €600 Mln to fund four inclusive development projects

The African Development Bank has agreed to provide Morocco four loans totaling over €600 million to enable the North African Kingdom build a 105-km long highway, enhance territorial competitiveness, modernize the university, and support sustainable forest development. The agreements were signed Wednesday in Rabat by Minister in charge of the budget Fouzi Lekjaa and the […]

Morocco Orders Two Spain-made Patrol Boats worth €260 Million

Morocco’s navy will be bolstered with the acquisition of two Spanish patrol boats made by Navantia, state-owned shipbuilding company, which offers its services to both military and civil sector. The deal, worth €260 million, was reported by Far-Maroc, a website specializing in Moroccan defense news. “Morocco is in a pressing need of patrol boats of […]