Italian military

IFC to invest $100m in private green bond in Egypt to boost financing of climate-smart projects

The International Finance Corporation, IFC, a member of the World Bank, will invest $100 million in the first private sector green bond in Egypt, to help fund climate-smart projects, alleviate greenhouse gas emissions, and support Egypt’s shift to a greener economy, the institution said in a statement. The bond, the first by the private sector, […]

Royal Advisor Flatly Rejects a Picture of the King in Qatar as a “Grotesque Montage”

A royal advisor has flatly rejected as a “grotesque montage” a picture of Morocco’s King Mohammed VI holding a banner carrying a political message to the countries at loggerheads with Qatar. The King’s advisor, Yassir Znagui, has firmly denied that the sovereign held the banner or allowed anyone to take the picture that is creating […]

Rabat Renews Commitment to Combat Terror Financing

Morocco has renewed its strong commitment to combat terrorism and its funding, as the scourge threatens peace and stability in the region and the world. Speaking at an international conference held Thursday in Paris under the theme:” No Money for Terror”, Moroccan Finance Minister Mohamed Boussaid said the fight against terror financing remains a priority […]