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Egypt moves forward with privatization as Emirates NBD eyes Banque du Caire
Emirates NBD, the largest bank in Dubai by assets, has commenced due diligence on a potential acquisition of a stake in Banque du Caire, Egypt’s sixth-largest commercial bank. This acquisition is part of Egypt’s ongoing efforts to privatize state-owned businesses as the country seeks to raise up to $2.5 billion in its 2024-2025 fiscal year. […]
Libya: Serraj Promises Cash to HoR-aligned Tobruk Municipality
Libyan Prime Minister Faez Serraj has promised to attend financially to Tobruk municipality, which is housing the Libyan internationally recognized parliament, the House of Representatives (HoR), opposed to the UN-backed Presidency Council and Government of National Accord. The move came after Faez Serraj held talks with acting mayor of the eastern city, Ali Saghir, who […]
Morocco receives 111k Tons of grains under Black Sea Initiative
Morocco was among the countries that benefited from the resumption of grain shipments from Ukraine receiving so far 111.1K tons of grains, according to UN data. The Black Sea Initiative was agreed between Russia and Ukraine following Turkish and UN mediation in 2022 to help secure safe food shipments, notably cereals. Russia however said it […]



