The European Investment Bank (EIB) will loan Egypt by year’s end €1.1 billion in form of financing package for the implementation of three transport projects in the Arab country. The package will come in two installments. The first tranche will take place in December and valued at €600 million, the Egyptian cabinet said in a […]
Bank Al-Maghrib (BAM) and the International Finance Corporation (IFC) signed a partnership deal on Wednesday, June 18, in Rabat, meant to achieve two key objectives: improving the resilience of agricultural operations and fostering inclusive and sustainable growth. According to a joint press release, this partnership reflects the shared ambition of both institutions to promote an […]
The State Department has approved the sale to Morocco of Ground Command and Control and related equipment for an estimated cost of $141.1 million. According to the U.S. Defense Security Cooperation Agency, the North African Kingdom has requested to buy six Multifunctional Information Distribution System Joint Tactical Radio Systems (MIDS-JTRS) and additional secure communications, cryptographic […]
