tunisia

EU denies any plans to build a drone base in Morocco or other Maghreb States

The Delegation of the European Union in Morocco has flatly denied the news alleging that Europe is planning to build an air base in the kingdom for drones to be used in the war against illegal immigration. There is no such plans to build an air base in Morocco or in any other Maghreb country, […]

French President ends Rabat visit with stronger French-Moroccan relations

At the invitation of King Mohammed VI, President Emmanuel Macron spent three days on a state visit to Rabat that turned the page on three years of diplomatic frost, as the two countries embark on a “strengthened and renewed partnership” that paves the way for closer cooperation at all strategic levels. King Mohammed VI received […]

EBRD greenlights $25m loan to Egypt-based UMC

The European Bank for Reconstruction and Development (EBRD) has rubber-stamped the loan of $25 million for Egypt-based United Metals Company (UMC). The funding is aimed at backing the company’s working capital needs amidst the COVID-19 pandemic. The loan will enhance the Company’s financial resilience to withstand the potential negative implications of the COVID-19 pandemic through […]