King Mohammed VI with president of Committee for the Development Model Chakib Benmoussa

Morocco ready to foster ties with neighbors without compromising its best national interests – Royal speech

Morocco seeks balanced relations with its neighbors without compromising its best interests, King Mohammed VI said in a landmark speech that drew light on the recent attacks targeting Morocco’s national institutions. These attacks and “fully-fledged campaigns” sought in vain to tarnish the image of Morocco’s security forces and Morocco’s national institutions, said the King in […]

Morocco: Three biggest parties in Parliamentary elections to form next government

Head of the RNI party Aziz Akhannouch said his party, the PAM and the Istiqlal agreed to join efforts to form the new government after they emerged as the largest three winners of Sept. 8 elections. The RNI won parliamentary elections with 102 seats followed by PAM with 87 seats and the Istiqlal with 81 […]

EBRD to invest $75m in HAU Energy BV to back 1.1 GW Gulf of Suez wind farm in Egypt

The European Bank for Reconstruction and Development, EBRD, has committed to a provisional equity investment of up to $75 million in HAU Energy BV, a funding vehicle established by Hassan Allam Utilities that operates in Egypt and is running a project known as 1.1 GW Gulf of Suez wind farm. The investment is set to […]