Moroccan-Humanitarian-Aid

Morocco in the EU’s grey tax haven list

Morocco sidestepped being listed in the EU’s tax haven black list but is included in the grey list, which comprises countries that are given time to reform. Ten other countries, including the UAE, are on the black list, which was approved by EU finance ministers. The black list included so far only five jurisdictions and […]

EBRD supports Morocco’s manufacturing with €45.5 Mln funding

The European Bank for Reconstruction and Development (EBRD) announced on Wednesday a €45.5 million loan to Eczacıbaşı Consumer Products Maroc (ECP Maroc) to enable the Moroccan subsidiary of Turkish group Eczacıbaşı Consumer Products (ECP) to acquire Jeesr, a leading manufacturer of tissue paper products in Morocco. This is the Bank’s first cross-border acquisition financing package […]

Egypt: Mexico wants thorough, transparent investigation on death of its 8 nationals

Mexico’s foreign minister Claudia Ruiz Massieu who flew to Cairo after the tragic death of 8 Mexican tourists has called for thorough, comprehensive, prompt and transparent investigations in the circumstances that led to what she termed “tragic and unprecedented events.” The 8 Mexican tourists were killed together with 4 Egyptians and 10 others were injured […]