King Casa

EBRD supports Morocco’s manufacturing with €45.5 Mln funding

The European Bank for Reconstruction and Development (EBRD) announced on Wednesday a €45.5 million loan to Eczacıbaşı Consumer Products Maroc (ECP Maroc) to enable the Moroccan subsidiary of Turkish group Eczacıbaşı Consumer Products (ECP) to acquire Jeesr, a leading manufacturer of tissue paper products in Morocco. This is the Bank’s first cross-border acquisition financing package […]

Libya: UNSMIL Insists UN Forces Deployed for UN Staff Security

The UN Special mission in Libya (UNSMIL) has insisted that the UN forces who arrived in the Libyan capital will only be in charge of the UN building security, rejecting reports that the UN is sending ‘Blue Berets’ as peacekeepers in the North African country. A spokesperson of the mission told media the forces that […]

Ramadan: Egypt unveils EGP 200bn support package to combat rising costs

In a bid to alleviate the burden of rising living costs on citizens, the Egyptian government has announced a substantial EGP 200 billion social support package, which will be implemented during Ramadan and extended into the upcoming fiscal year. Prime Minister Mostafa Madbouly revealed the details of the new initiative on Wednesday February 26, which […]