Spanish Interior Minister Marlaska

Morocco-Water Stress: WB official calls for complementary policies as outlined in NMD

The water stress faced by Morocco requires the adoption of complementary policies such as those recommended in the New Development Model (NMD), the World Bank Director of Operations for the Maghreb and Malta, Jesko Hentschel, said Wednesday. “Recent events have shown that technical solutions are no longer sufficient to protect the economy against climate shocks […]

Egypt: Beltone and Madkour Group sign $8.21mln leasing and factoring agreement

Beltone Holding announced that its subsidiary, Beltone Leasing and Factoring, has signed a leasing and factoring agreement with Madkour Group, totaling EGP 400 million. The agreement includes a sale and leaseback arrangement for Madkour Group’s administrative unit assets at the “Zizinia” project in New Cairo, valued at EGP 300 million. Additionally, it provides EGP 100 […]

Egypt, PA, Israel agree to develop Gaza gas field

  Egypt, the Palestinian Authority (PA) and Israel have agreed to develop the Palestinian gas field off the coast of Gaza, Israeli Public Broadcaster Kan revealed Tuesday. The profits from the gas field will go back to the PA and Israel, with Egypt mediating between the parties in an effort to improve the financial situation […]