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Saudi Arabia’s PIF, London-based Cain invest $900m in Aman hotel group

Saudi Arabia’s Public Investment Fund (PIF) and London-based real estate investment firm Cain International have injected $900 million in luxury hotel group Aman, Zawya reports citing the two partners. “Our investment in Aman Group reflects PIF’s belief in the current potential of the hospitality and tourism industry, both internationally and in Saudi Arabia,” PIF Deputy […]

Congo: Students in restive North Kivu province unveil long range missiles to be used against M23 rebels

Congolese students in conflict-plagued eastern province of North Kivu have tested successfully long-range missiles and explosives capable of attacking the positions of powerful M23 rebels sowing havoc in the region. The students from the ISTA, the regional applied technical Institute in the provincial city of Goma, reportedly unveiled long range surface-to-surface missiles and explosives. They […]

Morocco’s King congratulates Wydad AC on winning its third CAF Champions League Cup

Morocco’s Wydad AC has won the CAF Champions League Cup after beating Egypt’s Al Ahly 2-0 in Monday’s game played at the Mohammed V Stadium in Casablanca. Shortly after the end of the match, King Mohammed VI congratulated, in a phone call, the club’s head coach Walid Regragui and captain Yahya Jebrane. The Sovereign asked […]