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Egyptian manufacturer to build 1,965 MW plants in UAE
The Egyptian El Sewedy Electric Co. SAE, through its subsidiary Elsewedy Power, has been awarded the construction of two power projects with a combined capacity of 1,965 MW in the United Arab Emirates. The implementation of these projects will be done in collaboration with other world-class energy entities such as Siemens, according to Ecofin News […]
Morocco, third destination for remittances from African diaspora in 2021 – World Bank
The kingdom of Morocco is expected to receive $9.3 billion this year in terms of remittances from Moroccan expatriates, representing the third largest on the continent, right behind Egypt and Nigeria, a World Bank report revealed. Compared with last year data, Morocco will witness a 25.76 per cent increase, according to data published in the […]
Spanish Congress of Deputies approves donation of Tangier Cervantes Grand Theatre to Morocco
The Spanish congress of Deputies (lower house of Parliament) gave its green light on Wednesday to an agreement for the irrevocable donation of the Tangier Cervantes Grand Theatre to Morocco. Under this agreement, adopted in February by the Spanish Council of ministers, Morocco undertakes to restore the building in its entirety, while respecting the original […]



