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EIB releases €100 million in emergency funding to help Morocco combat COVID-19

The European Investment Bank has released a first tranche of €100 million out of a total emergency funding of €200 million destined to support Morocco’s efforts against the COVID-19 virus crisis. This is the first EIB financing in the EU’s Mediterranean neighborhood to help national authorities fight the pandemic, the bank said in a press […]

Egypt to launch construction of first bus powered by natural gas in 2022

Egypt is mulling plans to start manufacturing the country’s first bus powered by natural gas in 2022, Minister of Business Sector, Hisham Tawfik announced, according to Arab Finance. Some 70% of the local components of the buses will be manufactured to work with natural gas, Tawfik reportedly added. The busses will accommodate 14 to 50 […]

Morocco extends night curfew for one more week

Morocco has extended the anti-coronavirus restrictive measures for one more week as it still waits for the launch of a mass vaccination campaign. The measures include a night curfew, closure of restaurants at 20:00 and maintenance of ban on public gatherings. The government said that the extension of the measures aimed at containing the outbreak […]