Attijariwafa Bank has conducted an early buyback of $290 million of Gabon’s external debt, in a transaction that will ease the debt burden in the country and foster its financial stability. The operation represents 50% of Gabon’s Eurobond. It was made by l’Union Gabonaise de Banque (UGB), the local subsidiary of Attijariwafa Bank. The operation […]
A Cairo Criminal court has removed the name of the businessman Safwan Thabet, the grandson of outlawed Muslim Brotherhood’s second leader Hassan al-Hudaybi, from the terror list following his release in mid-January. Safwan, the founder and former CEO of Juhayna Food Industries, and his son Seif El-Din were set free on January 21 from prison […]
The Algeria-backed Polisario separatist group suffered another major diplomatic blow in Latin America when its so-called “representative” in Panama was expelled and barred from attending power transfer ceremony between outgoing executive board and the newly elected managing officials of the Central American Parliament (Parlacen). The party crasher was Ali Mhamed Mbarek who tried to sneak […]
