Israeli Embassy in Colombia plants 17000 trees in tribute to reconciliation with Morocco

Egypt: Central Bank blocks transactions with African and Arab banks

There are reports that Egyptian banks have been ordered by the Central Bank to refrain from doing business with some banks in African and Arab countries amongst which are Qatar, Libya, Syria and Sudan. The central bank’s decision is aimed at reducing the scale of money laundering in compliance with the anti-money laundering laws. Several […]

Morocco Reaffirms Attachment to Neighborliness in Maghreb Region

King Mohammed VI who has stressed repeatedly the need for reinvigorating the Maghreb Union since his enthronement has expressed clearly Morocco’s willingness to transcend differences by opening a frank dialogue with Algeria. Algeria’s support for separatism in Morocco’s Sahara has poisoned relations between the two Maghreb heavyweights. Algeria has by the past rejected to open […]

EBRD supports three Moroccan enterprises with €300 Million loans

The European Bank for Reconstruction and Development (EBRD) has mobilized €300 million worth of loans for the benefit of three public enterprises in Morocco. The National Airports Office (ONDA), the National Company of Highways of Morocco (ADM), and the National Office for Electricity and Drinking Water (ONEE) are set to benefit from the loans destined […]