UN High Commissioner for Refugees commends Morocco’s respect of refugees & migrants rights

UN High Commissioner for Refugees, Philippo Grandi, hailed on Tuesday cooperation ties with Morocco, commending the Kingdom’s commitment and full respect of the rights of refugees and migrants.   “I thank Morocco and I am pleased with the quality of cooperation with the Moroccan authorities, which continue to manage a large population of refugees and […]

Egypt’s Commercial International Bank gets $150m loan from EBRD to cushion against economic risks

Commercial International Bank or CIB, one of Egypt’s leading private banks, has signed up for a $150 million loan from the European Bank for Reconstruction and Development (EBRD) to cushion against economic risks, a bourse statement said. Per the statement, the loan has a maturity of 10 years and will be used to optimize the […]

Morocco Shows No Backtracking on Accountability

The decision of King Mohammed VI to fire low performing ministers in implementation of constitutional provisions took observers by surprise. A statement of the Royal palace announced that four current ministers were relieved of their duties for their proven responsibility in the delay witnessed in the implementation of a set of state-funded projects, part of […]