Fadel-Mohamed-Breica

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 prepares launch of new public utilities starting 2022

Morocco will launch public utilities in every region to bring sewage management as well as electricity and water distribution under a single umbrella, local media reported. Under this reform, every region shall have its own utility to manage sewage along with water and electricity distribution as part of a push to promote advanced regionalization, Morocco’s […]

Challenges facing Arab region are sometimes due to policies and behaviors of some Arab countries towards others -King

The challenges which the countries of the Arab region are currently facing, and which threaten their security and stability, are sometimes due to the policies and behaviors of some Arab countries towards other Arab nations, said King Mohammed VI. In a speech to the 1st China-Arab Summit, held Friday in Riyadh, Saudi Arabia, the Sovereign […]