World Bank has pumped a quarter of a billion dollar in Egypt to create job opportunities. The money is channeled through labor-intensive projects with the objective of developing skills and easing the employment of people. Priority is being given to those in the poorest areas of the country such as Upper Egypt. The bank’s country […]
The year 2024 has officially been declared the hottest and driest in Morocco in more than a decade, according to a new report from the country’s General Directorate of Meteorology (DGM). The findings were presented during a climate briefing held in Rabat on June 20, 2025, showing that Morocco experienced last year record-breaking average temperature […]
The World Bank plans to utilize guarantees to draw more international financing to Morocco, said Hiroshi Matano, Executive Vice President of the Multilateral Investment Guarantee Agency (MIGA). “We believe that these guarantees can help Moroccan borrowers (corporate and public institutions and non-sovereign risk counterparties) diversify their financing sources with private capital,” Matano said in an […]
