General assembly

Morocco Rejects Istiqlal Party Leader’s Statement on Mauritania as “Dangerous & Irresponsible”

The Moroccan Ministry of Foreign Affairs has “vigorously rejected” as “dangerous and irresponsible” the statement made by the Secretary General of the Istiqlal Party on Mauritania’s territorial integrity and renewed full respect for the Mauritanian borders as internationally recognized. The Ministry said in a communiqué released on Monday that it “followed with concern the polemics […]

Ethiopia to establish its own stock exchange as the nation’s economy opens up

At least 50 companies are expected to list on the Ethiopian Stock Exchange (ESX), set to launch in two years, which will provide a platform for the privatization of the country’s state-owned enterprises. Three months ago, Ethiopia announced it was in the process of establishing a stock market signaling a window of opportunity for cross-listing. […]

COVID-19: UAFA to slash Mohammed VI Champion Cup prize money

The Union of Arab Football Associations, UAFA, organizer of the Mohammed VI Champions Cup, will scale down the prize money for the championship as result of the covid-19 pandemic economic impact. The competition, suspended in March due to travel restrictions because of the pandemic, will soon resume, Abdulaziz bin Turki Al Faisal reportedly said last […]