Egyptian authorities expect to get more than $1 billion from Ever Given to cover damage and losses incurred in operations to float the mega ship that blocked the vital waterway for several days. The chairman of the Suez Canal Authority (SCA), Osama Rabei told media that the authority launched Wednesday probe into the incident that […]
Two laws asserting Morocco’s sovereignty on all its territorial waters on the Mediterranean and the Atlantic, including off the Sahara, will soon be adopted by Moroccan MPs. The laws, already adopted by the foreign affairs committee at the Lower House, were described as “ground breaking” by Morocco’s Foreign Minister Nasser Bourita who said the legislation […]
The African Development Bank (AfDB) approved a loan of $200 million to Morocco to boost the country’s industrialization plan, local media said. The loan will help fund the first phase of the support program of the Industrial Acceleration Plan, which aims to create 500,000 jobs by 2020 and to increase the share of industry in […]
