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Marrakech to Host IMF-World Bank Meetings as Planned

A view of the damage which was caused by the earthquake in the town of Imi N'tala, outside Marrakech, Morocco, Wednesday, Sept. 13, 2023. (AP)
A view of the damage which was caused by the earthquake in the town of Imi N'tala, outside Marrakech, Morocco, Wednesday, Sept. 13, 2023. (AP)
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Marrakech to Host IMF-World Bank Meetings as Planned

A view of the damage which was caused by the earthquake in the town of Imi N'tala, outside Marrakech, Morocco, Wednesday, Sept. 13, 2023. (AP)
A view of the damage which was caused by the earthquake in the town of Imi N'tala, outside Marrakech, Morocco, Wednesday, Sept. 13, 2023. (AP)

Marrakech will host the annual meetings of the International Monetary Fund and the World Bank as planned on Oct. 9-15, Morocco's central bank governor said on Thursday.

Morocco was struck by a 6.8 magnitude quake centered on the High Atlas Mountains late on Friday that left more than 2,900 dead, most of them in the region south of Marrakech.

Abdellatif Jouahri was speaking to a conference bringing together participants from central banks in the Middle East and North Africa, saying the event was in preparation for the annual meetings, which would take place as planned.

Giant tents could be seen in the locality where the Moroccan government plans to host the annual meetings.

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European Companies Signing More than $42 Bln Worth of Deals in Egypt

European Commission President Ursula von der Leyen pauses before speaking during a media conference at EU headquarters in Brussels, on June 20, 2023. (AP)
European Commission President Ursula von der Leyen pauses before speaking during a media conference at EU headquarters in Brussels, on June 20, 2023. (AP)
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European Companies Signing More than $42 Bln Worth of Deals in Egypt

European Commission President Ursula von der Leyen pauses before speaking during a media conference at EU headquarters in Brussels, on June 20, 2023. (AP)
European Commission President Ursula von der Leyen pauses before speaking during a media conference at EU headquarters in Brussels, on June 20, 2023. (AP)

European Commission chief Ursula von der Leyen said on Saturday European companies were signing more than 20 new deals or MOUs worth a total of more than 40 billion euros ($42.85 billion) at the Egypt-EU Investment Conference, Reuters reported.
The joint Investment Forum, which takes place in Cairo on 29th and 30th of June, is a first key deliverable of the Egypt-EU Strategic and Comprehensive Partnership agreed by the presidents of the EU and Egypt, Abdel Fattah al-Sisi, in March 2024.
The Partnership covers political relations, economic stability, investments and trade, migration and mobility, security and demography, and human capital.

The Conference will bring together some 1,000 participants, including Egyptian and EU Ministers, senior officials, European financial institutions and CEOs from a wide range of sectors from both the EU and Egypt.