First Independent Mena Newspaper
German development bank KfW offered a €30 million loan to Morocco’s water and electricity agency (ONEE) to finance water supply projects in rural areas. The new funds will be directed in particular to implement water supply projects in the northern regions of Tangier and Chefchaouen. Some 150 small villages and 112,000 people stand to benefit […]
Attijariwafa bank Egypt has entered into partnership with U.S-based MoneyGram International in view of supporting the Arab country’s financial inclusion policy, Arab Finance reports. The Moroccan bank in a statement said with the new partnership, MoneyGram’s clients worldwide will be able to transfer remittances to be received at any of its 65 branches in Egypt. […]
Germany will host on October 5, Berlin II conference on Libya as follow-up on the first part held in January this year. Farhan Haq, deputy spokesman of the UN Secretary General has confirmed to the media that the UN and Germany are preparing the conference which will be held online. The conference, Haq added, will […]
Senegal has arrested at Blaise Diagne international airport a German national wanted by his country and the Interpol for terrorism. Auerbacher Marius Falk, 30, was arrested at the airport on Sunday, September 13, as he was about to enter Senegal illegally, news portal Le360.ma reports. The German citizen, who is the subject of an international […]
Germany will extend Morocco loans and grants worth €701.3Mln within the framework of financial and technical cooperation between the two countries. Three agreements related to the funding were signed Wednesday in Rabat by Minister of Economy and Finance Mohamed Benchaaboun, and Germany’s Ambassador to Morocco Götz Schmidt-Bremme. The agreements reflect the excellence of cooperation relations […]
German police said on Thursday (9 July) that they had opened an investigation against an alleged Egyptian spy working for Chancellor Angela Merkel’s press office. The man is suspected “of having worked for years for an Egyptian intelligence service,” German Internal Intelligence said in a report, adding that the investigation opened in December 2019 “continues” […]
The German automaker, BMW, said Thursday that it plans to buy cobalt for the production of its electric vehicles from Moroccan mining company Managem Group as part of a five-year contract worth around €100 million ($113 million). The deal follows a memorandum of understanding on the direct purchase of cobalt signed between the two parties […]
Egypt’s embassy in Germany Tuesday announced that the country’s national carrier, EgyptAir, has resumed flights to and from Egypt four months after suspension over covid-19 pandemic. The embassy said, in a statement, the national flag carrier has already resumed flights from Berlin and Frankfurt airports on July 1, Ahram online reports. Egypt in March grounded […]
Paris and Tunis on Monday asked the parties in Libya to fulfill their commitments to restart negotiations under the United Nations aegis. “France and Tunisia together demand that the warring parties ceasefire and keep their commitment to resume negotiations within the United Nations framework to restore security for all, reunite Libyan institutions and start reconstruction […]
Morocco looks forward to deploying the cost competitive green hydrogen in its energy mix with the help of Germany. A cooperation agreement was inked Wednesday in Berlin in this regard by Moroccan ambassador to Germany Zohour Alaoui and German Development minister Gerd Müller. Under the agreement, Germany pledges to share its know-how with Morocco […]