rabat_celebration of 50th OIC anniversary

Saudi investment company in Egypt acquires minority stakes in 3 other listed companies

The recently-launched Saudi-Egyptian Investment Company (SEIC) has reportedly added three other Egyptian listed company to its portfolio after acquiring fertilizer giant MOPCO. Abu Qir Fertizilers and Chemical Industries, Alexandria Container and Cargo Handling and E-Finance for Financial and Digital Investments are the companies, Zawya reports citing Egypt’s planning ministry’s website. SEIC also reportedly acquired 25 […]

Morocco, model of inter-faith coexistence under King Mohammed VI

In Morocco, King Mohammed VI is custodian of the freedom of worship in a country that embraces the Muslim and Jewish constituents of its identity. Thanks to efforts spearheaded personally by the Monarch, Morocco has strengthened its character as a home of religious diversity and traditions of tolerance and coexistence. In 2010, King Mohammed VI […]

Morocco dam filling rate improves to 30.7% on recent rainfall

Torrential rain in different Moroccan regions last week boosted water reservoirs reaching an average of 30.7%, compared with 23% few days ago. While the recent rain is a boon for a drought-hit farming sector, it reached a surplus in some northern dams and mitigated water shortage in other areas. The region of Souss, a key […]