Rapper Gnawi

EU’s Egyptian headache: Brussels readies €7.4bn aid package to help economy, curb migration

Egypt is reportedly set to receive up to 7.4 billion euros in funding from the European Union under a major ‘cash for migrant control’ pact which could be formally announced during the upcoming visit of the European Commission chief to Cairo this Sunday (17 March). The EU support package is intended to relieve pressure on […]

AU Reestablishes High Level Contact Group on Libya

The African Union decided to reactivate the “High Level Contact Group on Libya” through the establishment of a task force of five heads of state in a bid to end the war that has already killed thousands and forced millions to flee their homes. The announcement was made by Smail Chergui, head of the African […]

Morocco’s Holmarcom sets eyes on Credit du Maroc

Moroccan insurance and real-estate company Holmarcom seeks to buy stakes held by Paris-based Credit Agricole in its Moroccan branch Credit du Maroc. In a statement, Holmarcom said it has started negotiations but added that there is no “uncertainty”. The deal, if completed, will bolster Holmarcom standing as one of leading insurance companies in the country […]