Over one million refugees have fled Sudan conflict to South Sudan

More than one million people have fled the conflict in Sudan, seeking refuge in neighboring South Sudan, according to the United Nations. In its latest update revealed January 22 on one of the world’s worst displacement crises, the UN reported that over 770,000 people have crossed through the Joda crossing on South Sudan’s northern border […]

Wafa Assurance launches $100 mln bid to acquire Egypt’s Delta Insurance

Wafa Assurance, one of Morocco’s leading insurance companies, has launched a public takeover bid (OPA) worth 925 million dirhams or $100 million to acquire a controlling stake in Delta Insurance S.A.E., a prominent Egyptian insurer. The bid, filed with Egypt’s Financial Regulatory Authority (FRA) on June 10, targets at least an acquisition threshold of 51%, […]

Arab Summit hails Moroccan King’s sustained efforts for protection of Al-Quds City

The Arab leaders commended, on Wednesday in Algiers, the continuous efforts made by King Mohammed VI, Chairman of Al-Quds Committee, for the defense of the Holy City of Jerusalem. In the final resolution adopted on the developments of the Palestinian cause, the Arab Summit, held Nov.1-2 in Algeria, hailed the projects carried out by Bayt […]