EBRD

Morocco set to Reopen Embassy in Iraq

Morocco is readying to reopen its embassy in Iraq, after the diplomatic mission has been closed for thirteen years for security reasons. The embassy, closed after two Moroccan nationals were kidnapped in 2005, will reopen in the coming weeks, affirmed local daily Akhbar Al Yaoum, in its Thursday issue. The reopening of the Moroccan Embassy […]

Chinese Midea Group contemplates acquiring Electrolux Group’s Egyptian Zanussi

The Chinese electrical appliance manufacturer Midea Group is considering acquiring the Swedish appliances manufacturer Electrolux Group’s Zanussi brand and its assets in Egypt, reports say. Electrolux Group announced mid last month plans to exit the Egyptian market. The company indicated that it is preparing to sell its factories in Egypt, which produce the main appliances […]

Panama: Chief Rabbi hails Moroccan King’s vision of inter-religious coexistence

The Chief Rabbi of Panama, David Perets, commended King Mohammed VI for his sustained efforts to promote coexistence between different religions, pointing out that the Monarch’s vision is “worthy of appreciation and emulation.” Through the institution of the Commandery of the Faithful, the King is the supreme representative of the Nation and the symbol of […]