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Business Emerging Markets Europe Headlines International Morocco

Morocco, a key market with great potential, Airbus official says

North Africa Post

Airbus’s Executive Vice President International, Wouter Van Wersch, described Morocco as a key market for the aircraft manufacturer, citing its “enormous” growth potential. “The Kingdom is a key country for Airbus. We have long-lasting relations and we aim to continue expanding our bilateral ties. It’s very important to us,” Wersch told MAP in an interview, […]
Egypt Emerging Markets Finance Headlines

CBE Holds Interest Rates Steady as Egypt Navigates Persistent Inflation Pressures

North Africa Post

Egypt’s Monetary Policy Committee on Thursday, November 20, has opted to maintain all key interest rates, keeping the overnight deposit rate at 21 percent, lending at 22 percent, and the main operation and discount rates at 21.5 percent. The decision underscores a guarded policy posture as inflation risks remain elevated both at home and abroad. […]
Europe Headlines International Morocco

Morocco Spends over €1 mln in Support of Mosques in Spain

North Africa Post

Morocco spent €1.4 million in support for mosques and Muslim associations in Madrid and Catalonia, Islamic affairs minister Ahmed Taoufiq said. That amount was intended to cover the financial needs of places exclusively dedicated to worship as well as legal associations, the minister told Spanish news agency EFE. Morocco’s support for mosques in Spain does […]