The International Finance Corporation, a member of the World Bank Group, announced it is investing $50 million in Alliances Group, a leading Moroccan home builder, “to increase the supply of quality affordable housing, create jobs, and spark broader economic development.” The investment consists in the purchase of 3% of the Moroccan group’s shares for $25 […]
Egyptian President Abdel Fatah al-Sisi Sunday declared three month state of emergency following two terrorist deadly attacks on Coptic churches in Alexandria and Tanta. Both attacks were claimed by the Islamic State group. The decision will be introduced to the parliament before approval which is to be made within a week. The Egyptian President convened […]
Morocco and Russia signed 11 cooperation agreements in the fields of customs, agriculture, trade, energy efficiency, renewable energies, nuclear energy as well as military cooperation. The agreements were signed at a Moroccan-Russian working session chaired by Head of the Government Saad Eddine EL Othmani and Russia’s Prime Minister Dmitri Medvedev who paid an official working […]
