British Minister of the Armed Forces, James Heappey in Rabat Nov 2020

Saudi Arabia shelves plan to take over United Bank of Egypt over disagreement with Cairo

Saudi Arabia has put a plan by its sovereign wealth fund to acquire the United Bank of Egypt on hold because of a disagreement with the Egyptian authorities over its valuation, Reuters reports citing two sources familiar with the matter. The pause is unprecedented in the spree of investments done by the Gulf country in […]

Mauritania’s Sidi Ould Tah elected ninth president of the African Development Bank Group

Sidi Ould Tah of Mauritania was elected this Thursday President of the African Development Bank Group at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire. Sidi Ould Tah will succede Nigerian Akinwumi Adesina at the helm of the AfDB. Tah was elected by the Bank’s Board of Governors, comprising Finance and Economy Ministers or […]

Rabat’s new bus station inaugurated by King Mohammed VI

King Mohammed VI on Monday inaugurated the new bus station of Rabat, a project constituting a fundamental component in the restructuring of the capital’s southern entrance, modernizing interurban transport sector at the level of the conurbation and consolidating the image and attractiveness of the Capital of the Kingdom. The new bus station of Rabat, which […]