Libya: GNA accuses France of supporting Haftar; orders end to bilateral security cooperation

The interior minister of the Libyan UN-backed Government of National Accord (GNA) has accused France of backing renegade eastern warlord Khalifa Haftar, whose forces have launched an offensive to control Tripoli, and called for an end to security cooperation with the European Country. Fathi Bashagha Thursday asked his department to halt all forms of cooperation […]

Morocco-Italy: After flights, maritime links also suspended due to Coronavirus

After Morocco announced early Tuesday the suspension of all flights to and from Italy, which went under lockdown to stop the spread of the Coronavirus, the merchant navy decided later in the day the suspension of maritime links between Morocco and Italy. In a note addressed to the shipping companies, the directorate of the merchant […]

SGTM’s IPO set to become second largest in Casablanca stock exchange history

Moroccan construction leader SGTM has received approval from the AMMC to launch an initial public offering (IPO) on the Casablanca Stock Exchange, aiming to raise 5.04 billion dirhams ($545 million). This makes SGTM’s listing the second-largest IPO in the history of the Moroccan bourse, underscoring the growing depth of the local capital market. The subscription […]