EBRD new director for Morocco Antoine Salle de Chou

Abu Dhabi Islamic Bank Egypt appoints Egypt’s Minister of International Cooperation Rania Al-Mashat as board member

Abu Dhabi Islamic Bank Egypt (ADIB Egypt) has named Rania Al-Mashat, Egypt’s Minister of International Cooperation as a member of the board of directors. Al-Mashat, Ahram Online reports, received a special waiver from Prime Minister Mostafa Madbouly to serve in the new position while maintaining her portfolio in the Egyptian Cabinet. Abu Dhabi Islamic Bank […]

Morocco’s employers’ federation put off visit by French counterpart as crisis worsens

Morocco’s federation of Moroccan employers (CGEM) asked its French counterpart Medef to put off a visit by its president to Morocco due to the unpropitious context marked by a widening crisis between Rabat and Paris. The news was relayed by Moroccan outlets including le360 which said that CGEM chief Chakib Alj asked his French counterpart […]

Climate Change Adaptation: Morocco’s OCP gets $18 Mln loan from Canada–AfDB for desalination projects

The Canada–African Development Bank Climate Fund (CACF) provides Moroccan OCP group a $18 million concessional loan to support the construction of three seawater desalination plants. In a press release issued Tuesday, CACF said the funding is destined to advance Morocco’s climate adaptation efforts as the projects will enable the North African Kingdom to produce and […]