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 […]
Although no case of Coronavirus has been reported in Morocco, sanitary monitoring at entry airports and ports has been activated as of this Saturday. The move came after three coronavirus cases were confirmed in France. “In view of the latest developments in the global epidemiological situation, marked by the confirmation of the new virus in […]
Incumbent President Ali Bongo’s rival in the Saturday presidential election has claimed victory, calling Bongo to admit his defeat as the national electoral commission is pressed to ease tension by release the results. Jean Ping, 75, former head of the African Union commission on Monday called on ruling president Ali Bongo to admit defeat. “I […]
