Morocco – EU flags

EBRD greenlights $25m loan to Egypt-based UMC

The European Bank for Reconstruction and Development (EBRD) has rubber-stamped the loan of $25 million for Egypt-based United Metals Company (UMC). The funding is aimed at backing the company’s working capital needs amidst the COVID-19 pandemic. The loan will enhance the Company’s financial resilience to withstand the potential negative implications of the COVID-19 pandemic through […]

2022 World Cup: Saudi Arabia’s Crown Prince Joins list of world leaders congratulating Morocco’s King

Crown Prince of Saudi Arabia, Prince Mohammed Ben Salman Ben Abdelaziz Al-Saud, has joined the Heads of State who called King Mohammed VI to congratulate him on the occasion of Morocco’s qualification to the semifinals of the FIFA World Cup Qatar-2022. In a phone call, Crown Prince of Saudi Arabia expressed to the Sovereign his […]

Tunisia: “I am ready to step down if my health fails me” President Essebsi

Tunisian head of state Béji Caïd Essebsi has offered to step down if his health condition does not allow him to run the country as his critics question his physical ability following a recent medical check-up in France. Essebsi vehemently laid into politicians mainly former transitional president Moncef Marzouki whom he said has indulged in […]