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Egypt removes business tycoon from terror list

A Cairo Criminal court has removed the name of the businessman Safwan Thabet, the grandson of outlawed Muslim Brotherhood’s second leader Hassan al-Hudaybi, from the terror list following his release in mid-January. Safwan, the founder and former CEO of Juhayna Food Industries, and his son Seif El-Din were set free on January 21 from prison […]

Abu Dhabi Islamic Bank plans Morocco and Algeria expansion

Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest shariah-compliant lender, is planning expansion in Africa markets to tap demand in countries with a large Muslim population. In Africa, The bank has “looked closely” at Algeria and Morocco, Chief Executive Officer Tirad Mahmoud told reporters. “We are actively visiting locations where we may be […]

OCP Group teams up with Maersk to deploy innovative & sustainable supply chain

Moroccan state-owned phosphate OCP Group and Maersk, a global leader in integrated logistics, have agreed to strengthen their long-standing collaboration and jointly advance innovative, resilient, and sustainable supply chain solutions. The alliance opens new chapter in the longstanding partnership between both companies, with a focus on delivering agile, digitalized, and sustainable logistics solutions to support […]