$300mn UAE aid to Morocco to tackle rising energy prices

By IANS,

Casablanca (Morocco) : United Arab Emirates (UAE) will give Morocco $300 million in aid to help the northwest African kingdom tackle the impact of rising energy costs, WAM news agency reported Sunday.


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UAE President Sheikh Khalifa bin Zayed Al Nahyan has granted the aid to help ease the impact of rising energy prices, Morocco’s ministry of foreign affairs and cooperation said in a statement Saturday.

UAE Energy Minister Mohammed bin Dhaen Al Hameli, who is currently in Morocco, said in a statement that he delivered a letter from Sheikh Khalifa to the King of Morocco that called for enhancing bilateral relations in all fields between the two countries.

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