maroc russie

Egypt postpones IPO for state-run Banque du Caire over covid-19

Egypt has postponed sine die the Initial Public Offering (IPO) to sell minority shares state-run Banque du Caire (BQDC.CA) due to spread of covid-19 contamination, reports say. The operation slated for mid-April on the Egyptian Stock Exchange aimed at selling the shares for about $500 million. The Bank Chairman Tarek Fayed, Reuters notes, told a […]

Ethiopia names new envoy to Morocco

Ethiopia has appointed head of the Commercial Bank of Ethiopia (CBE) as its new ambassador to Morocco. President Sahle-Work Zewde appointed Bacha Gina, CEO and President of the CBE, for the job earlier this month. Gina, led the CBE for 20 months and earned the financial institution the award of The Best Commercial Bank for […]

Morocco’s Carrier Wins European Award for Second Time in a Row

The European Society for Quality Research (ESQR) reckoned the Moroccan national carrier, Royal Air Maroc (RAM,) as one of the world’s best managed companies and for the quality of its services. It is the second time in a row that RAM is receiving the recognition. RAM is the only African carrier to win the award […]