Category: Business

WB grants additional €94.7 Mln loan to the Casablanca Municipal Support Program

March 29, 2023

The World Bank has granted an additional €94.7 Mln loan to the Casablanca Municipal Support Program, destined to increase the investment capacity of the commune, ... Read More

Morocco’s king pleads for a new industrial era ensuring sovereignty, enhancing resilience, increasing competitiveness

March 29, 2023

King Mohammed VI has pleaded for a new industrial era that seeks to ensure Morocco’s sovereignty in the sector, enhance its resilience, and increase its ... Read More

World Bank calls for further lowering of remittance costs to Sub-Saharan Africa

March 29, 2023

The World Bank and industry stakeholders have called for the lowering of the cost of sending remittances from the African diaspora to their home countries, ... Read More

Botswana to buy 24% stake in Belgian diamond trader HB Antwerp

March 29, 2023

The Botswana government announced Monday that it will buy a 24% stake in the Belgian gem trader HB Antwerp, a move that is seen as ... Read More

Morocco’s OCP posts record $11.28 bln revenue in 2022

March 28, 2023

Morocco phosphates and fertilizers producer OCP posted a record revenue of 11.28 billion dollars in 2022, up 40%, thanks to high prices as well as ... Read More

Morocco, Cambodia sign agreement on air services, other deals in the pipeline

March 28, 2023

Morocco and Cambodia signed, in Rabat on Monday, an agreement on air services meant to promote tourism and trade between the two countries. The agreement ... Read More

BMCE Capital, best investment bank in Morocco in 2023

March 28, 2023

BMCE Capital, the investment banking arm of Bank Of Africa-BMCE Group, has been awarded the prize of the "Best Investment Bank in Morocco in 2023" ... Read More

Egypt’s stock market, Global Carbon Council to expand regional climate action scope

March 28, 2023

The Egyptian Exchange (EGX) signed a memorandum of understanding (MoU) with the Global Carbon Council (GCC) to enhance regional climate activities, Arab Finance reports citing ... Read More

Bayt Mal Al-Quds Agency, Bank of Palestine sign partnership agreement

March 28, 2023

A partnership and cooperation framework agreement was signed, Monday in Ramallah, between Bayt Mal Al-Quds Asharif Agency and the Bank of Palestine, covering several development ... Read More

Sahara: Cambodia expresses support for Morocco’s sovereignty, territorial integrity

March 27, 2023

Cambodia expressed, Monday from Rabat, its full support to Morocco’s sovereignty and territorial integrity as well as its respect to the Kingdom’s efforts to reach ... Read More