IMF DEPUTY MANAGING DIRECTOR MITSUHIRO FURUSAWA

Qatar: Ahli bank seeks capital increment

One of the banks in Qatar has announced its intentions to raise its capital value in a released statement. The bank, Ahli bank, is ranked as the seventh-largest listed by market value. It is hoping to lift up its actual capital by 20 percent. It has therefore stated that it will be issuing rights during […]

Namibia: Historic presidential election could mark gender milestone

Namibia approaches a pivotal election that could result in its first female president, as Vice President Netumbo Nandi-Ndaitwah leads early polls. With 1.4 million registered voters and 15 political parties competing, the election represents a crucial test for the ruling SWAPO party’s continued dominance. SWAPO, which has governed since independence in 1990, faces declining support […]

French Veolia to divest its stake in Morocco’s Lydec

French Veolia plans to sell its stake in utilities company Lydec, a Casablanca-listed company that manages water supply, electricity distribution, and sewage. Veolia will sell its stakes to Société Régionale Multiservices Casablanca-Settat, in line with authorities’ plan to put utilities under the authority of regional companies owned by the state. Lydec oversees the delegated management […]