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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 […]
Saga Communication and No Com Form Alliance to Capitalize on Morocco’s Sports Boom
Morocco’s leading communications agency, Saga Communication, has announced a strategic alliance with No Com, an international advisory firm operating out of Paris, Madrid, Barcelona, and Mexico City, reports le360 media platform. The partnership launches a first-of-its-kind integrated offering entirely dedicated to sports organizations and their commercial partners, responding directly to the structural transformation taking place […]
King Mohammed VI Chairs a Council of Ministers that decides to earmark 210 billion dirhams for the regions, a new move towards regional development
King Mohammed VI chaired in Rabat on Thursday a Council of Ministers that approved an ambitious reform of territorial governance, based on a local and participatory approach, backed by an investment program of nearly 210 billion dirhams over eight years. The Council of Ministers actually approved a draft organic law amending and supplementing the organic […]



