A total of 443,535,902 shares of the ‘’National Société Générale Bank’’ (NSGB) have been acquired by the Qatar National Bank (QNB) at a selling price of EGP 35.65 per share. The 100% acquisition of the shares cost the Qatari bank EGP 16.142bn. The NSGB is a subsidiary of the French Société Générale Bank in Egypt. […]
President Al Sisi has announced that a “giant project” will be launched at a tune of $4billion for the construction of a canal parallel to the Suez Canal. The project is expected to increase trade and also double the country’s earnings by more than 100%. The Suez Canal is an important sea route but militants […]
The aviation sector in Morocco, where 140 companies are already operating, has been boosted by two new aeronautics plants that were inaugurated Tuesday in Casablanca. One of the production plants is a new addition to the Moroccan study and manufacture of aeronautical tools (EFOA) – group “We are”, at Casablanca’s Aeropole. The second plant belongs […]
