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2026-10-22T17:53:39.000Z

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Russia Urges Europe to Reassess Gas Ban

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7 Hrs2026-10-22T18:28:44.000Z
Russia Urges Europe to Reassess Gas Ban

British banks resist profit tax hikes

اقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربية
20 Hrs2026-10-22T05:12:15.000Z
British banks resist profit tax hikes

UAE and Singapore boost ties

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20 Hrs2026-10-22T05:06:00.000Z
UAE and Singapore boost ties

Nvidia CEO: New Industrial Era Begins

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21 Hrs2026-10-22T04:46:38.000Z
Nvidia CEO: New Industrial Era Begins

Rolls-Royce Shares Fall After Q3 Results

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23 Hrs2026-10-22T02:06:00.000Z
Rolls-Royce Shares Fall After Q3 Results
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African Development Bank funds Morocco with $487M

The African Development Bank has approved a financing of $487 million for Morocco to support economic reforms, modernize public institutions, and strengthen public-private partnerships. The aim is to increase resilience against financial shocks and climate change, while stimulating growth and private investment. The program focuses on restructuring the public enterprises sector, improving the business environment, and supporting small and medium-sized enterprises, along with updating governance in the water and electricity sectors to address energy and climate challenges. This funding comes amidst economic upheavals caused by rising energy and transportation costs and aims to accelerate Morocco's economic transformation, create more job opportunities, and continue supporting investments and sustainable development.

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