Bayt Mal Al Quds Agency: Approval of development projects worth $1 million in Jerusalem

The Rabat-based Bayt Mal Al Quds Acharif Agency on Wednesday approved the first part of social and human development projects in Al Quds Acharif under its 2022 annual plan for a total amount of one million dollars, within the framework of the unwavering solicitude of King Mohammed VI, Chairman of the Al-Quds Committee, towards the […]

South Sudan gets $600 million from China to pay civil servants

The government of South Sudan has received around $600 million from the Chinese government to pay outstanding civil servants’ salaries. South Sudan News Agency, quoting government sources, said the new loan aims to cover salaries payment. The move comes weeks after many South Sudanese deputies boycotted the presentation of the 2019-2020 budget, rising against the […]

EBRD Lends Moroccan Package Company Multisac €4.3 Mln

The European Bank for Reconstruction and Development (EBRD) has announced a €4.3 million loan to Moroccan packaging company Multisac SA, which specializes in the production of woven polypropylene bags. It is the first local company benefitting from EBRD’s and EU’s Trade and Competitiveness Program, which aims to improve value chains and make businesses more competitive […]