Australian Roland Jabbour

Morocco’s African trade surplus drops to 7.2 billion dirhams

Morocco maintained a trade surplus with Africa in 2024, though it declined significantly to 7.2 billion dirhams from 12.6 billion dirhams the previous year, according to the Foreign Exchange Office’s annual report on Morocco’s foreign trade. The deterioration stems primarily from an increased trade deficit with Egypt, which widened by 3 billion dirhams, combined with […]

Egypt’s central bank hires Barclays Bank to advise on sale of stakes in United Bank

The Central Bank of Egypt (CBE) has handpicked Barclays Bank as an international sell-side advisor for the sale of its 99% stake in the state-owned United Bank, Egypt Today reports. Barclays will work alongside local financial advisor, CI Capital, the media also notes. United Bank is one of the 32 state-owned companies the Egyptian government […]

Morocco to send emergency humanitarian aid to Palestinian Populations at King’s instructions

King Mohammed VI, President of the Al-Quds Committee, has given his instructions for the dispatching of emergency humanitarian aid to the Palestinian populations.   This aid includes significant quantities of foodstuffs, medical supplies, and water, a statement released this Monday by the Foreign Ministry said.   The modalities of sending this emergency assistance will be […]