IMF

FC Injects $50 Million in Moroccan Home Builder Group

The International Finance Corporation, a member of the World Bank Group, announced it is investing $50 million in Alliances Group, a leading Moroccan home builder, “to increase the supply of quality affordable housing, create jobs, and spark broader economic development.” The investment consists in the purchase of 3% of the Moroccan group’s shares for $25 […]

Tunisia: Qatar’s investment reaches $1 billion in three years

Qatar is emerging as a key investor in Tunisia with a total investment worth $1 billion injected over the past three years. The $1 billion amount according the Chairman of the Qatar Chamber of Commerce and Industry, Sheikh Khalifa Bin Jassim Al-Thani, is mostly directed towards tourism, telecommunications and financial sectors. Sheikh Khalifa announced the […]

Istanbul blast: Two Moroccan tourists among the injured

Two Moroccan tourists are among those injured in the attack that occurred on Sunday in Istiklal Avenue, in the center of Istanbul, according to Morocco’s consulate general in Istanbul. Members of the consulates visited the two Moroccan nationals in the hospital. One of the injured women suffered fractures in the feet and underwent surgery at […]