First Independent Mena Newspaper
The Rabat-based Islamic World Educational, Scientific, and Cultural Organization (ICESCO) will provide financial grants to the Palestinian students attending Universities and Institutes in Morocco. The initiative, announced as part of the observance of the International Day of Solidarity with the Palestinian People, is meant to offer support to the Palestinian students amid the challenging circumstances […]
The International Financial Corporation, member of the World Bank, announced on Tuesday financial support for Moroccan projects destined to enhance food security, access to finance, sustainable agriculture, and construction. The announcement was made during the WB-IMF annual meetings taking place in Marrakesh with the participation of 14,000 delegates including central bankers, ministers of finance and […]
India’s Prime Minister Narendra Modi, Chair of the African Union & Pdt. of the Comoros Azali Assoumani, President of France Emmanuel Macron, World Bank Chief Ajay Banga, IMF Managing Director Ms. Kristalina Georgieva and Head of European Commission Ms. Ursula von der Leyen have expressed “full solidarity with the Moroccan authorities and people” following the […]
Morocco has received €1.3 billion in German financial support which evidences the close cooperation ties between the two countries, Morocco’s foreign ministry said in a statement. The statement came after phone talks between Morocco’s foreign minister and German minister of economic cooperation and Development Gerd Muller. Out of that total of 1.387 billion euros, Germany […]
The United Arab Emirates and Saudi Arabia have granted Sudan a $3 billion aid package, of which $500 million will go to the central bank of Sudan. The move is meant to strengthen Sudan’s financial position, ease the pressure on the local currency and increase stability in the exchange rate, Saudi state news agency SPA […]
The European Union has agreed to increase its financial support to Morocco to €140 million, as proposed by Spain. The decision was made during the EU Summit of Heads of State and Government held on Wednesday and Thursday. The EU will contribute at least €140 million from EU funds’ to Morocco for the management of […]
France would provide Tunisia with more than €227 million in new financing as the North African nation faces it worst economic crisis since the fall of its longtime strongman Zine el-Abidine Ben Ali. According to Paris, the support, announced during a visit to Tunis by French President Emmanuel Macron, includes €177 million in loans for […]