Moroccan Nasser BOURITA Sizerra Leonean FM NABEELA_TUNIS

Société Générale Morocco rebrands to Saham Bank

Subsidiary of French bank Société Générale has officially rebranded to Saham Bank, six months after Saham Group completed the acquisition. Société Général sold its Moroccan bank and its insurance subsidiary to Saham Group in 2024, worth 745 million euros. The transaction, which involved the acquisition of 57.67% of SGMB’s capital and voting rights, was first […]

Moroccan Railways’ Net Profits hit 223 Million DH in 2016

Morocco’s state-owned railway operating company (ONCF) posted a net profit of 223 million Dirhams in 2016, up 31% compared to 2015. The company said in a statement that its turnover over the same period reached 3.7 billion DH with an added value of 2.5 billion DH and a self-sustainability of 273 million DH, 5.8% higher […]

Palestinian-Israeli Peace, the antidote to end terrorism in the region, al Sissi

Egyptian President al-Sissi, standing as the new knight against terrorism in the Middles East, Monday told a visiting group of US Jews that success against terrorism in the region and beyond could only be possible if the international community ends the Israel-Palestine conflict. Egyptian President al-Sissi told the delegation of the US Jews committee (AJC) […]