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Sudan Hands Suakin Island to Turkey for Development
Sudan has agreed to hand over the Red Sea Suakin island temporarily to Turkey for infrastructure development and rebuilding. The announcement was made during a visit by Turkish President Recep Tayyip Erdogan to Sudan, which included a visit to the Suakin island and its old port. During a speech at the University of Khartoum, where […]
Automotive sector tops Morocco’s exports
Morocco’s automotive sector exports doubled from 161 billion dirhams in 2013 to 240 billion dirhams in 2018, thus becoming Morocco’s leading exporting sector ahead of phosphates and agriculture. With more than 65.1 billion dirhams worth of exports, the automotive sector came ahead of phosphates and derivatives (43.4 billion dirhams), textile (38.6 billion dirhams) food industry […]
Morocco says 1 billion Euro bond sale was ‘successful’
Morocco issued on Thursday an international bond worth 1 billion Euros, the finance ministry said, noting the success of the sovereign notes sales as demand hit €5.3 billion. The bond has a maturity of 12 years and an interest rate of 1.5% as Morocco tapped the international market at a very propitious time benefiting for […]



