Algeria’s president Tebboune downplayed his failure to join the BRICS, which admitted other African and Asian countries as new members. Tebboune spoke with certainty two years ago promising his people to join the BRICS group, much to his disappointment when the grouping admitted Egypt and Ethiopia along with Iran the UAE and Saudi Arabic, but […]
EFG Hermes, Egypt’s biggest investment bank, has completed its takeover of state-owned Arab Investment Bank for an undisclosed transaction. EFG Hermes, Arab News reports, agreed to purchase a 51% stake in the bank in May, with the Sovereign Fund of Egypt also acquiring a 25% stake and the current owner, Egypt’s state-owned National Investment Bank […]
The Blaise Diagne International Airport of Dakar “AIBD” and the Moroccan steel construction company “Inter Tridim” have signed an agreement for the construction of the MRO Aeronautical Maintenance Center in Senegal, announced the AIBD. The construction works of the Aeronautical Maintenance Center of the Blaise Diagne International Airport of Dakar will start at factory in […]
