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Mohammed VI Fund for Investment, EIB sign new €500M financing package

the European Investment Bank (EIB) will extend the Mohammed VI Fund for Investment (FM6I) a new financing package worth €500 million. The Mohammed VI Fund for Investment (FM6I) and the European Investment Bank (EIB) have signed a mandate letter covering a financing package of 500 million euros for the Fund. The financing-related mandate letter, signed […]

Morocco sees little short-term impact of Qatar gas shock as market turmoil underscores case for renewables

Morocco faces no immediate disruption to its gas supply despite a sharp jump in global prices triggered by Qatar’s temporary suspension of production following Iranian strikes. The turmoil in energy markets has also reinforced the value of Morocco’s long-term push into renewable energy, which helps reduce its exposure to geopolitical shocks. Morocco does not import […]

Morocco-USA: King hails steady developing relations, deeply rooted friendship and cooperation

King Mohammed VI has hailed in a message to President Joe Biden on the celebration of the United States’ Independence Day the steady developing relations binding the two countries, relations that are rooted in friendship and cooperation. In the message of congratulations to President Biden, the Sovereign underlined “Our ties, which are steeped in history […]