Morocco requests emergency Arab League meeting on Gaza Strip

Morocco has, upon King Mohammed VI’s instructions, requested an emergency meeting of the Arab League’s ministerial council to discuss the deterioration of the situation in the Gaza strip. Morocco, which currently chairs the council, said the meeting will look into the outbreak of military actions against civilians and will seek the means to halt this […]

Egypt: Switzerland conditions release of Mubarak’s deposits in Swiss banks

Switzerland has informed the Egyptian government that the funds deposited by President Mubarak and his two sons during his rule in Swiss banks would not be returned to the State unless Bern is certain that the funds were illegally obtained as alleged. The announcement was made by Swiss attorney-general Michael Lauber during a press conference […]

Morocco 1st Green Bond Gets €135 Mln International Financial Support

IFC, a member of the World Bank Group, and Proparco, a subsidiary of Agence Française de Développement (AFD), are investing €100 million and €35 million, respectively, in the first green bond issuance by Banque Centrale Populaire (BCP), to promote sustainable, environment friendly projects in Morocco. This is the first green bond issuance in foreign currency […]