Tunisia seeks IMF loan and private investment

Negotiations are going on between Tunisia and the International Monetary Fund for a loan programme. The IMF director for the Middle East and North Africa, Masood Ahmed, said he is looking forward for their talks to progress by early February. Negotiations have been going on prosperously between the two parties and Tunisia is hoping to […]

Morocco’s Touissit Mining Company banks on copper and gold for recovery

Morocco’s Compagnie Minière de Touissit (CMT) appears to be stabilizing after a turbulent 2024 marked by legal disputes and exceptional financial losses, with analysts projecting a potential recovery driven by new deposits and strategic refocusing on critical metals. BMCE Capital Global Research forecasts encouraging prospects for 2025, with revenues expected to rise 4.1% to 610 […]

Saudi Tamer Healthcare company near acquisition of 30 per cent of Egypt’s UCP

Tamer Healthcare, Saudi leading healthcare and wellness group, is close to getting 30 per cent of shares of Egyptian United Company of Pharmacists (UCP) for a transaction estimated at $35 million, reports say. The US-based AmerisourceBergen is relinquishing 30 per cent of its 50 per cent of UCP to Tamer, a source told Asharq Business, […]