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IFC to invest $100m in private green bond in Egypt to boost financing of climate-smart projects

The International Finance Corporation, IFC, a member of the World Bank, will invest $100 million in the first private sector green bond in Egypt, to help fund climate-smart projects, alleviate greenhouse gas emissions, and support Egypt’s shift to a greener economy, the institution said in a statement. The bond, the first by the private sector, […]

Qatar airways to launch Rabat-Doha air route

Qatar airways will launch a direct flight linking Doha to Rabat this year as part of an expansion plan in the Mediterranean region, the airlines director general Akbaar Al Baker said. The air route will be operational on May 29 with three flights per week on board a Boeing 787-8, he said. The Qatari airline […]

Morocco outperforms North African peers in economic freedom- Heritage Foundation

Morocco topped North African countries in the Economic Freedom Index which covers 12 freedoms – from property rights to financial freedom – in 184 countries. Globally, Morocco was ranked the 97th freest in the 2022 Index. But its overall score was above the regional average. Algeria continued to lag behind ranking the 167th globally and […]