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Morocco’s Bank of Africa reports $260 mln profit in 2023
Morocco’s Bank of Africa said its 2023 profit increased 16% to 260 million dollars last year, with a net banking income of 1.7 billion dollars, up 9%. African branches contributed by 56% in this performance while Moroccan business accounted for 42% of total earnings, the bank said. Bank of Africa, previously known as […]
Egypt: Mursi Slams French Military Campaign in Mali
While French troops are treated and greeted in Mali as liberators rather than as foreign occupiers, Egypt’s Islamist president Mohamed Morsi has expressed opposition to France’s military action launched to dislodge the Jihadist fighters linked to Al Qaeda occupying the northern part of the impoverished West African country. “We do not accept at all the […]
Three British holidaymakers still unaccounted for after fire caught boat in Red Sea
Three British tourists went missing Sunday after a fire broke out in their yacht during a trip near the Egyptian Red Sea resort town of Marsa Alam. A yacht dubbed “Hurricane”, Ahram Online reports, caught fire on Sunday during a trip scheduled for 6-11 June in the Fuston area, about 25 km north of Marsa […]



