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Keywords: Funding
Atlas Metals Group has announced the termination of its planned acquisition of Compagnie Minière de Oumejrane (CMO), a Moroccan mining subsidiary owned by Managem. The cancellation comes after the company failed to secure the necessary funding of MAD 183 million from institutional investors within......
Sweden has announced a significant change in its humanitarian aid approach to Gaza, deciding to discontinue funding to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) while increasing overall assistance through other organizations. The decision comes amid mounting......
In December 2024, the Commission for the Support of Cinematic Productions announced its selection of 77 projects that will receive financial backing for the upcoming year. The commission, which convened for its third session from December 9 to 17, evaluated both completed and pre-production films for......
European Commissioner for Neighborhood and Enlargement, Oliver Varhelyi, arrived in Morocco on Monday for a pivotal visit aimed at strengthening bilateral ties and advancing key development initiatives. Varhelyi’s mission is underscored by a €190 million funding agreement signed with Morocco’s......
Morocco and the European Union (EU) have signed a €190 million (approximately 2 billion MAD) financing agreement aimed at accelerating the recovery of areas devastated by the 2023 Al Haouz earthquake. The deal, formalized in Rabat by Morocco’s Minister Delegate for the Budget, Fouzi Lekjaa,......
Since his victory in the U.S. presidential election, Donald Trump has ramped up his discussions on the war in Ukraine. The Washington Post even reported a conversation between Trump and Russian President Vladimir Putin just two days after the election. Citing anonymous sources, the paper revealed that......
The Amazon basin is facing an unprecedented drought that has severely impacted more than 420,000 children across Brazil, Colombia, and Peru, according to a report from UNICEF. This alarming situation has resulted in "dangerous levels" of water scarcity, disrupting essential services and threatening......
In a significant move to address the escalating issue of human trafficking, Prime Minister Sir Keir Starmer has announced an additional £75 million investment aimed at dismantling people-smuggling operations. This funding announcement coincides with the Interpol General Assembly, taking place in......
In a pivotal moment for the UK, Chancellor Rachel Reeves is poised to unveil a Budget that promises significant tax increases, substantial borrowing, and ambitious spending initiatives. This Budget is not just a financial statement; it is a declaration of intent that aims to reshape the political landscape......