FRANCE-POLITICS-RESHUFFLE

Africa calls for $100 billion IDA funds to help boost its economy

Heads of State and Government from some 15 African countries attended the 20th replenishment meeting of the International Development Association, commonly known as IDA-20. This year, the African heads of state have called for an ambitious replenishment of the ida-20, at least $100 billion, to support their recovery agenda and help revive their economies, which […]

US, France, Spain welcome Morocco’s unilateral withdrawal of troops from Guerguarat

The governments of the United States, France and Spain welcomed Morocco’s decision to unilaterally withdraw from the southernmost area of the Saharan provinces on the borders with Mauritania known as Guerguarat in a bid to deescalate tensions with the Algerian-based Polisario separatists. Morocco’s foreign ministry explains that the withdrawal of troops from the buffer zone […]

KSA: BinDawood takes majority stakes in French company Ykone

Saudi Arabian retailer BinDawood Holding has acquired 80.5% stake in Paris-based marketing agency Ykone through its wholly owned subsidiary Future Technology Retail (FTR), Zawya reports. BinDawood Holding in a statement said the transaction is part of the company’s strategy to boost its e-commerce presence. “The Middle East’s influencer marketing industry is growing exponentially. This investment […]