COP22: Morocco Gets $ 100 Mln WB Green Bonds

Morocco, host country of 22nd UN conference on climate change (COP22) has purchased from the World Bank USD 100 million in World Bank Green Bonds. These 3-year bonds mature on December 15, 2019 and have a semi-annual fixed rate coupon Read more

Iran Signs Multibillion Dollar Deal with Total

The National Iranian Oil Co. (NIOC) reached a preliminary agreement worth $4.8 billion with Total, a French energy company, for the development of the South Pars offshore gas field; one of the largest in the world. Total’s Chairman and CEO Read more

Palestine Decries Israel’s Interpol Credit Gains as Propaganda

Israel is claiming credit for blocking Palestine’s effort to become a member of the global police organization known as Interpol at its latest general assembly held in Bali, Indonesia. Prime Minister Netanyahu applauded the “very intensive work” of the Israeli Read more

Morocco, Senegal Step up Partnership to Higher Levels

Morocco and Senegal have inked several cooperation deals meant to bolster partnership between the two countries in the fields of agriculture, fisheries and other socioeconomic sectors. These cooperation agreements were signed in Dakar Monday and Tuesday under the co-chairmanship of Read more

Saudi Arabia Suspends Oil Shipments to Egypt Indefinitely

Egyptian authorities on Monday said Saudi Arabia has indefinitely halted shipments of oil products that were part of a $23-billion aid deal with the North African nation. According to Egyptian Oil Ministry spokesman Hamdi Abdel-Aziz, Saudi Arabia’s Aramco, the world’s Read more

King Mohammed VI Renews his Unwavering Attachment to Africa, to its Development

King Mohammed VI has renewed on Sunday evening his unwavering attachment to Africa and his keen interest in the continent and pledged to see to it that Morocco’s African policy acquires a continental dimension and covers the whole of Africa. Read more