Bensalah

World Bank approves new $7 billion partnership agreement with Egypt for 2023-2027

The World Bank has approved a new $7 billion partnership agreement with Egypt for 2023-2027 with a focus on boosting private sector jobs, provision of better health and education services, and adaptation to climate change. The bank in a statement said the Country Partnership Agreement (CPF) will entail $1 billion per year from the International […]

Morocco, India co-chair first Arab-India Energy Forum

Morocco and India co-chaired the first edition of the Arab-India Energy Forum, which was held by videoconference on June 8-9. The event is part of the implementation of the executive program of the Arab-Indian Cooperation Forum and the third meeting of senior officials of India and the Arab League, held virtually on January 12, 2021, […]

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 […]