EBRD

Morocco sets up national financial intelligence body to combat money-laundering & terrorism financing

The Moroccan government has approved the setting up of a National Financial Intelligence Authority to better combat money-laundering, terror financing and weapons proliferation.   The establishment of this new entity comes following the recommendations issued by the Middle-East & North Africa Financial Action Task Force which has called for upgrading the country’s financial intelligence unit […]

U.S.-Egypt partnership strengthened with $235 million railway contracts

The U.S. Embassy in Cairo has announced the successful signing of three major contracts between Progress Rail, an American company, and Egyptian National Railways, collectively valued at over $235 million. The agreements, which were formalized on Wednesday, April 9, 2025, at the Ministry of Transportation, mark a significant step in enhancing U.S.-Egyptian business relations while […]

Government Getting Mobilized to Implement Roadmap Outlined in Throne Day Speech

The Government is getting mobilized to implement the social and economic roadmap outlined by King Mohammed VI in the Throne Day speech he delivered on Sunday (July 29) and wherein he urged the Government and all the stakeholders concerned to undertake an in-depth, thorough restructuring of national social welfare programs and policies. In this connection, […]