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Casablanca stock exchange nears historic record following benchmark rate cut
Casablanca Stock Exchange approached its highest historical level, buoyed by the unexpected announcement from Bank Al-Maghrib to lower its key interest rate to 2.25%. The MASI, the benchmark index, closed up 2.10% at 17,193 points, touching its all-time high. The volume of transactions on the central market reached 1.1 billion dirhams. Attijariwafa Bank led the […]
Egypt: Jail sentence against Zamalek Club Chief Mortada Mansour upheld
An Egyptian court upheld a one-month jail sentence and a one-year suspended sentence against Al-Zamalek football club’s controversial president Mortada Mansour, after he was found guilty of defamation against his Al-Ahly counterpart Mahmoud El-Khateeb. The ruling came Saturday after the court had rejected two appeals filed by Mansour against the two sentences, state-run news outlet […]
Alliance of Sahel States: Burkina Faso, Mali and Niger establish mutual defense pact
The military leaders of Burkina Faso, Mali, and Niger signed over the weekend a mutual defense pact establishing an Alliance of Sahel States (AES) that will allow them to cooperate against threats of armed rebellion or external aggression. The AES was established by the Liptako-Gourma Charter, in reference to a region, where the Mali, Burkina […]



