Libyan Sarraj and haftar

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 […]

IMF Hails Morocco’s Improving Business Environment

The International Monetary Fund has praised Morocco’s business environment, which continues to improve, particularly with the activation of the Competition Council and the implementation of a new financial inclusion strategy that will help promote competition and support the development of SMEs. Improved fiscal management and economic diversification have strengthened the resilience of Morocco’s economy, said […]

Sudan signs peace agreement with Darfur, Blue Nile and South Kordofan after a 17-year war

Sudan and the Sudan Revolutionary Front (SRF), a coalition of rebel groups from the western region of Darfur and the southern states of South Kordofan and Blue Nile, signed a peace deal on Monday to end 17 years of conflict. The peace agreement was signed Monday in Juba, the capital of South Sudan, which has […]