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Coronavirus: World Bank redirects a $275-million loan to Morocco
The World Bank approved a first set of emergency support operations for developing countries around the world, using a dedicated, fast-track facility for COVID-19 (coronavirus) response. The first group of projects, amounting to $1.9 billion, will assist 25 countries, and new operations are moving forward in over 40 countries using the fast-track process, the international […]
Egyptian banks to use ACH services in partnership
Negotiations have begun between E-Finance, an electronic payment company, and several other Egyptian banks for the availability of Automated Clearing House (ACH) services in their institutions. The ACH are believed to boost bank transactions. The banks involved are Blom Bank Egypt, Crédit Agricole Egypt, Arab Bank, National Société Générale Bank, Arab Banking Corporation and Commercial […]
UN/NAM: Morocco calls for new world order enhancing collective security
Morocco has called on the Non-Aligned Movement to contribute to a new world order dedicated to joint action that consolidates collective security and responds to current and future challenges. Addressing the ministerial meeting of NAM, convened in New York on the sidelines of the 77th session of the UN General Assembly, Foreign minister Nasser Bourita […]



