KSA: BinDawood takes majority stakes in French company Ykone

Saudi Arabian retailer BinDawood Holding has acquired 80.5% stake in Paris-based marketing agency Ykone through its wholly owned subsidiary Future Technology Retail (FTR), Zawya reports. BinDawood Holding in a statement said the transaction is part of the company’s strategy to boost its e-commerce presence. “The Middle East’s influencer marketing industry is growing exponentially. This investment […]

UN agencies warn conflict, COVID-19 pandemic present a significant threat to life in Libya

The ongoing conflict and the COVID-19 pandemic present a significant threat to life in Libya. The health and safety of the country’s entire population are at risk, warned several UN agencies in a joint statement released this Wednesday. Despite repeated calls for a humanitarian ceasefire, including by the United Nations Secretary-General, hostilities continue unabated, hindering […]

Frence’s President hails as unprecedented the ambition of Partnership with Morocco

French President Emmanuel Macron hailed on Monday the “unprecedented ambition” of the partnership built with Morocco during his recent state visit to the Kingdom, at the invitation of King Mohammed VI. “One of the highlights of recent months has been what we managed to build with His Majesty King Mohammed VI during the state visit,” […]