Palestine-Israel Hamas-Israeli talks confirmed by President Abbas

Morocco’s new 2020 budget puts social services at core of priorities – Minister

The coronavirus outbreak has caused a surge in spending and a drop in revenues for state coffers pushing the government to review the targets and spending schemes under the 2020 budget while maintaining priority for social spending. The administration has adopted austerity measures to reduce unnecessary spending saving some $200 million that was scheduled for […]

Morocco: Water levels rise in inundated Ksar El-Kebir

Water levels in Ksar El Kbir increased further with new neighborhoods submerged by water released from a dam that runs over capacity. Due to the emergency, authorities evacuated most people of Ksar El Kbir in an operation that reached 154,000 people taken to safety. The large-scale emergency response across the Gharb and Loukkos regions came […]

BADEA loans Côte d’Ivoire $75m for construction of 7,500 social houses

The Arab Bank for Economic Development in Africa (BADEA) and Cote d’Ivoire signed Monday a loan agreement worth $75 million to be used for the construction of 7,500 social and economic houses to address the housing crisis dogging the West African country. Sidi Ould Tah, Director General of the bank and Adama Coulibaly, Finance Minister […]