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Mali bans France-backed NGOs’ activities
Mali will ban the activities of all non-governmental organizations financed or supported by France, including those operating in the humanitarian field, the junta, which came to power by force in August 2020, announced on Monday (21 November). The annoucement came few days after Paris suspended its public development assistance to the West African country. The […]
Morocco’s Attijariwafa Bank Acquires Barclays’ Egypt Branch
Morocco’s Attijariwafa bank Group has officially taken over British Barclay’s Egypt branch, reports say. Attijariwafa bank Group, Morocco’s leading bank group, won the transaction after beating several global bank groups, among which Emirati NBD headquartered in Dubai. The transaction estimated at $400 million will enable the Moroccan financial institution to expand its already wide network […]
Egypt’s Suez Canal Bank to pull out of Middle East Oil Refinery
The publicly listed company, Suez Canal Bank, says it will withdraw entirely from Middle East Oil Refinery (Midor), Zawya reports. The operation will generate $30.4 million for Suez Canal Bank as 1.27 percent stake (560,000 shares) will be sold to Egyptian General Petroleum Corporation (EGPC) at $54.7 per share. The financial service institution posted a […]



