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EBRD supports Morocco’s automotive sector with €15 Mln funding

The European Bank for Reconstruction and Development (EBRD) has approved a €15 million loan to Moroccan car equipment supplier, Tuyauto, which produces stamped metal components, exhaust systems, and heat shields. The loan is guaranteed by the EU through the European Fund for Sustainable Development Municipal Infrastructure and Industrial Resilience program to support the company’s environmental […]

Casablanca stock market poised to be lever for Morocco’s economic development- international media

Morocco’s new development model emphasized the key role that Casablanca stock exchange is poised to play and set goals such as increasing market capitalization and initial public offerings. However, the stock market suffered a lethargy in recent years with fewer listings and low secondary market activity as well as a flight of foreign investors. The […]

Jamal Khashoggi: Arab Media House in Turkey to turn Saudi consulate in Istanbul into Museum

The Arab Media House in Turkey is mulling plans to buy the Saudi consulate compound in Istanbul where Saudi journalist Jamal Khashoggi was killed and decapitated and convert the premises into a museum to honor his life and work. The Arab Media House in Turkey says it is working to convert the Saudi consulate in […]