Ukrainian & Moroccan FM Dmytro Kuleba -Nasser Bourita

Morocco’s Police seize over 4.8 tons of cannabis & 6 kg of cocaine

Moroccan security services have seized 4.85 tons of cannabis and 6 kg of cocaine in separate anti-drug operations carried out lately in various cities of the Kingdom. Over the weekend, the police of Agadir intercepted a transport vehicle at the entrance of the city of Ait Melloul carrying 2.34 tons of cannabis. They also intercepted […]

Inflation-hit Zimbabwe launches new gold-backed currency

Zimbabwe has finally launched a gold-backed currency to bring down inflation, ending a decade of dollarization. The new currency or Zig- standing for Zimbabwe Gold- is the latest attempt to end hyper-inflation in the country which lasted for 25 years. Zig is intended to be a market-determined exchange rate, said Zimbabwe’s central bank governor while […]

EBRD Lends Egypt €205 Million for Rehabilitation of Cairo Metro

The European Bank for Reconstruction and Development (EBRD) has announced a €205 million loan to Egypt to help the transports authority rehabilitate Cairo Metro, the major means of public transport in the Egyptian capital. The funds will finance urgent works on Line 1 – the oldest of the Cairo underground lines – which remains the […]