Austrian packaging leader Alpla announced on Thursday the acquisition of a majority stake in Atlantic Packaging firm of Moroccan Diana Holding and the setting up of a joint venture “ALPLA Morocco” to meet growing demand. In a press release issued Thursday, Alpla group said the transaction will enable it to enhance its presence in North […]
Libya’s National Oil Corporation has transferred $8 billion to the count of the Finance Ministry of the Government of National Unity (GNU) of Prime Minister Abdul Hamid Dbeibeh who has refused to give up power despite his removal by the country’s parliament. The funds, into two installments, have been sent to the Central Bank of […]
Morocco was ranked third in Africa’s fastest growing reinsurance markets in the Africa Reinsurance Pulse 2016, an annual report issued by Schanz, Alms & Company. “Kenya, Nigeria and Morocco are the fastest growing reinsurance markets, driven by the size and diversity of their economies, a young and growing population and advanced regulatory regimes,” says the […]
