Business Finance Headlines Tunisia

EBRD grants Tunisia €49m for water projects

The European Bank for Reconstruction and Development (EBRD) announced Tuesday the allocation of €49 million in form of credit facility to finance water projects in favor of 6,800 farmers. The loan is intended for the modernization of water infrastructure and the development of a strategy in this area in oases in the south of the […]

Business Europe Headlines International Morocco

Visegrád Group: 1st “V4 + Morocco” Ministerial Meeting opens up new opportunities

The first “V4 + Morocco” ministerial meeting of the Visegrád Group was held Tuesday in Budapest to discuss ways of fostering cooperation ties between Morocco and this intergovernmental organization gathering Hungary, Poland, Czechia and Slovakia. Foreign Minister Nasser Bourita is leading a Moroccan delegation to this meeting which aims to develop further relations between participating […]

Asia Business Headlines International Morocco

Russian FM to visit Morocco during North Africa & Mideast Tour

Russian Foreign Minister Sergey Lavrov will start on Dec.12 a regional trip that will take him to North Africa and the Middle East region, reported on Tuesday several Russian news outlets. “In a few days, Sergey Lavrov will travel to the Middle East and North Africa. On Sunday, he will depart for Israel, Palestine, Algeria […]

Algeria Headlines Maghreb Morocco Op Eds Opinions

UN, big powers ignore Algeria, listen to Morocco on Sahara issue

Algeria is still struggling to come to terms with a blow it has suffered by the UN Security Council in its latest resolution on the Sahara issue which reiterated that the Morocco-proposed autonomy plan is serious and credible and urged Algeria to take part in negotiations as a party to the conflict. Prior to the […]

Business Finance Headlines Morocco

Robust remittances from Moroccans abroad offset tourism losses

The restrictive measures to contain the Covid-19 pandemic have dealt a blow to the inflow of hard currency from the tourism business in Morocco that has been offset so far by a surge in remittances from Moroccans abroad. In the first ten months this year Morocco’s foreign exchange regulator has reported a record 80 billion […]

Headlines Libya

Saif al Islam Gaddafi traveled to Egypt before submitting candidacy for presidential polls– reports

Saif al Islam Gaddafi, son of former Libyan leader Muammar Gaddafi and candidate for December 24 presidential elections in the oil-rich country, had traveled to Egypt to get the backing of President Abdelfattah al-Sisi prior to submitting his candidacy for the polls, Al-Araby Al-Jadeed reports. The Qatari media citing informed Libyan sources aware of communication […]

Headlines Tunisia

Palestinian President in Tunisia this Tuesday

Palestinian President Mahmoud Abbas is set to visit Tunisia this Tuesday at the invitation of his Tunisian counterpart Kais Saied to discuss the Palestinian cause. Abbas and Saied, according to the Palestinian top diplomat Riyad Al Maliki, will exchange views and discuss developments on the Palestinian cause. Abbas is coming from Algeria where he started […]

Africa Business Headlines International Morocco

Marrakech home to Africa office of UN tourism body

The UN World Tourism Organization picked Marrakech as a home to its regional Africa office, Moroccan media reported citing official sources. The decision was taken during the 24th session of the UNWTO General Assembly amid fierce competition from other African cities. During the 24th UNWTO General Assembly, Morocco has also been elected a member of […]

Asia Headlines International Morocco

Morocco elected chairman of ICESCO Executive Council

Morocco, in the person of  Jamal Eddine El Aloua, was elected Chairman of the Executive Council of the Rabat-based Islamic World Educational, Scientific and Cultural Organization (ICESCO) during the 42nd session of the Council of this organization which opened works Monday in Egypt. Speaking on this occasion, Moroccan Ambassador to Egypt Ahmed Tazi, thanked all […]

Egypt Energy Headlines

Egypt to launch construction of first bus powered by natural gas in 2022

Egypt is mulling plans to start manufacturing the country’s first bus powered by natural gas in 2022, Minister of Business Sector, Hisham Tawfik announced, according to Arab Finance. Some 70% of the local components of the buses will be manufactured to work with natural gas, Tawfik reportedly added. The busses will accommodate 14 to 50 […]