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Morocco’s King calls for general mobilization to implement economic stimulus plan
King Mohammed VI has called for general mobilization to implement the ambitious economic stimulus plan he had announced in July to enable all productive sectors to recover from the impact of the coronavirus pandemic and to increase their ability to provide jobs and preserve sources of income. King Mohammed VI, flanked by Crown Prince Moulay […]
Morocco denies opening of direct air link with Israel- Diplomatic source
Morocco described as “false news” reports according to which it will open a direct air link with Israel, Moroccan media said quoting an unnamed diplomatic source. Israeli media including CH12 and Jerusalem Post said Trump was about to announce the launch of direct flights between Israel and Morocco. The press reports about the direct […]
Egypt : Qaala Holding divests stake in Pharos at $ 5.3 million deal
The investment firm Qaala Holding, previously known under the name of Citadel Capital, sold its direct and indirect shareholdings in Pharos Holding for Financial Investments, which amount to 80%, in a deal of 40 million Egyptian pounds ($ 5.3 million). According to the company’s statement, the divestiture is part of its plans to sell non-core […]



