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WB Offers Morocco Precautionary Loan of $275 mln to Manage Disasters

Morocco and the World Bank inked a deal under which the North African country shall benefit from a precautionary line of 275 million dollars in the case of natural disasters. The deal was signed in Rabat by Finance Minister Mohammed Benchaaboun and Maghreb director at WB Jesko Hentschel. The World Bank had said in a […]

Royal Air Maroc to Add Nine New Direct Routes in 2026 across Three Continents

Royal Air Maroc (RAM) said on Dec 15 it will launch nine new direct routes next year across Europe, Africa and the Americas, advancing its strategy to position Casablanca as a global hub and deepen Morocco’s international connectivity. RAM confirmed, in a statement, it will start Casablanca–Saint Petersburg in January 2026 and Casablanca–Los Angeles in […]

EU’s 7.4 bn-euro aid package to support cash-strapped Egypt, curb illegal migration

The European Union signed a “historic” deal with Egypt on Sunday (17 March) that includes a funding package of 7.4 billion euros and elevating their relationship to the level of a “strategic and comprehensive partnership”, in bid to stem migrant flows to Europe. The 7.4 billion-euro aid package for cash-strapped Egypt was announced by European […]