Egypt: Deadline postponement affects NSGB

The decision of the regulator of the Egyptian market to push further the deadline of the sale of stakes of Qatar National Bank (QNB) has led to the slump of Egypt’s National Société Générale Bank (NSGB) and it has made an impact on the Cairo bourse while leaving the Gulf markets mixed in lackluster trading. […]

Morocco’s Al Wahda Dam Reaches 60% Capacity Following Substantial Rainfall

After an extended period marked by concerning water level declines, Al Wahda Dam, Morocco’s largest reservoir, is progressively recovering thanks to significant recent precipitation. These rains delivered nearly 600 million cubic meters of water inflows, bringing total stored volume to over 2.069 billion cubic meters—a 59.16% fill rate. Precipitation exceeding 295 millimeters played a decisive […]

Landmark Royal Speech from Dakar Reflects Morocco’s Keen Interest in Africa

A first in Morocco’s history! King Mohammed VI chose Senegal’s capital Dakar to deliver this November 6 the Green March speech, celebrating the regaining of the Southern provinces from Spanish colonialism. “By delivering my speech from this hospitable land I am expressing a keen interest in our continent,” said King Mohammed VI in a speech […]