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Morocco-US joint naval drill to enhance interoperability & regional maritime security
Morocco’s Royal Navy and the US navy have conducted lately a joint naval exercise to enhance interoperability between the two allies. According to US naval forces Europe-Africa, the Expeditionary Sea Base USS Hershel “Woody” Williams (ESB 4) participated in the tracking training exercise with the Moroccan Navy’s Floreal-class Frigate Mohammed V. The Moroccan warship worked […]
Egypt seeks another ITFC financing for MSMEs
Egypt is seeking another financial support from the International Islamic Trade Finance Corporation (ITFC) to back micro-, small-, and medium-sized enterprises (MSMEs) after the country secured last month $2.6 billion to fund developmental projects. The Ministry of Planning and Economic Development Monday indicated that the signing will take place this month, Arab Finance reports. The […]
Moroccan government approves 47 new investments worth $5.5 bln
Morocco’s National Investment Commission has approved 47 new investment projects totaling 51 billion dirhams ($5.5 billion), in a major push to stimulate economic growth and job creation across the kingdom. The approvals, announced during the 8th session of the Commission, include 36 new agreements and 11 amendments to existing ones. The projects are expected to […]



