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Morocco’s King expresses resolve to enhance constructive cooperation with Mauritania

King Mohammed VI has sent a message of congratulations to President Mohamed Ould Cheikh El Ghazouani of Mauritania, on his country’s national day. In this message, the Monarch expressed his deep satisfaction with the close ties of brotherhood binding the two peoples, and reiterated his willingness to continue working together with the Mauritanian President to […]

Remittances from Moroccan expatriates resilient in 2020 but only 10% invested

Remittances from Moroccans living abroad rose 5% to stand at 68 billion dirhams (7.5 billion dollars) despite the pandemic, but finance minister said only 10% of these transfers were invested. Most of the investments of Moroccans abroad went to real estate, finance minister Mohamed Benchaaboun told Moroccan employers association (CGEM). A part from 15% that […]

Egyptian billionaire Naguib Sawiris to visit Tunis

Egyptian billionaire Naguib Sawiris is planning to visit Tunisia “soon” and would announce resumption of one of his mega projects in the North African country. Sources told Egyptian media Acharaa that Sawiris might meet with “senior officials, including the Tunisian President.”   “The meetings will discuss among others a mega tourism project in one of […]