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Abraaj Capital and OPIC agree on joint venture
As Egypt works towards rejuvenating its economic activities through partnership and encouraging foreign investments, a joint venture was announced by US Deputy Secretary of State for Management and Resources, Thomas Nides, between one of the regions’ biggest investment institution in Egypt, Abraaj Capital, and the US Overseas Private Investment Corporation (OPIC) with plans to invest […]
Foreign Ministers of Morocco & Spain to Hold Virtual Meeting on Sept.22
Spanish foreign minister José Manuel Albares will hold a virtual meeting on Wednesday with his Moroccan peer Nasser Bourita to discuss bilateral relations, regional issues and relations with the European Union, on the sidelines of the UN General Assembly. The announcement was made Tuesday by Spanish news agency EFE. This high-level meeting will be first […]
Moroccan miner Managem lowers cobalt production due to plummeting prices
Managem, a Moroccan mining company, said it lowered cobalt production at its Bou Azzer mine due to falling prices, as it reports a drop in first quarter revenue. The company opted for “preserving resources” in this low prices context, it said in a statement, noting a 13% drop in first quarter revenue. Cobalt is a […]



