The Egyptian government wants to bring the country back on its feet and has decided to add to its priorities the payment of oil debts to foreign companies that are increasing their exploration and production in Egypt. Foreign companies are owed more than $6 billion and energy subsidies reached an estimated 120 billion Egyptian pounds […]
The European Bank for Reconstruction and Development (EBRD) is helping to develop the olive oil sector in Morocco with a loan of up to MAD 55 million (€5 million equivalent) to Al Dahra Holding subsidiaries in Morocco, Al Dahra Morocco Factories (ADFAC) and Al Dahra Morocco (ADMO). The EBRD funds will finance the construction […]
“The spiritual leadership and prayers of HM King Mohammed VI, Commander of the Faithful, are precious to us,” said Pope Francis on Wednesday. Pope Francis made the remarks when receiving the King’s advisor, Andre Azoulay, who came to greet the Supreme Pontiff in St. Peter’s Square in the Vatican City. Azoulay, who was accompanied by […]
