OuldAbdelAziz

Morocco/Earthquake: India, AU, Paris, WB, IMF & EU Express Solidarity & Pledge Financial Support

India’s Prime Minister Narendra Modi, Chair of the African Union & Pdt. of the Comoros Azali Assoumani, President of France Emmanuel Macron, World Bank Chief Ajay Banga, IMF Managing Director Ms. Kristalina Georgieva and Head of European Commission Ms. Ursula von der Leyen have expressed “full solidarity with the Moroccan authorities and people” following the […]

French Schneider Electric mulls €30-million investment in Egypt until 2025

French Schneider Electric company is planning to inject additional €30 million in Egypt until 2025 to boost the production capacity of its electrical panels factory in Badr City, the company’s Northeast Africa and Levant Cluster President Sebastien Riez said in an interview with CNN Business Arabic, ‘Arab Business’ reports. €10 million of the €30 million […]

Mauritania, IsDB ink 2024-2026 support strategy framework agreement

Mauritania and the Islamic Development Bank (IsDB) signed Monday October 23 a new support strategy framework agreement under which the Saudi Arabia-based institution will provide further assistance to the North African country in the 2024-2026 period. Abdessalam ould Mohamed Saleh, Mauritania’s Minister of Economy and Sustainable Development and the IsDB President Muhammad Al Jasser signed […]