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Egypt postpones IPO for state-run Banque du Caire over covid-19
Egypt has postponed sine die the Initial Public Offering (IPO) to sell minority shares state-run Banque du Caire (BQDC.CA) due to spread of covid-19 contamination, reports say. The operation slated for mid-April on the Egyptian Stock Exchange aimed at selling the shares for about $500 million. The Bank Chairman Tarek Fayed, Reuters notes, told a […]
Morocco calls on Africans to take control of instruments of their health sovereignty
Morocco has called on Africans to take control of the instruments of their health sovereignty, especially so as the continent has all necessary human resources. The call was launched by Morocco’s Minister of Youth, Culture, and Communication, Mohamed Mehdi Bensaid, at the opening Wednesday in Sale, Rabat’s twin city, of the 8th General Assembly of […]
Lockheed Martin interested in developing Morocco’s defense industry cluster
U.S. defense manufacturer Lockheed Martin has shown interest in Morocco’s investment opportunities offered in the defense industry which has attracted several companies including India’s Tata Advanced Systems, Turkish Baykar, Bluebird Company… A senior Lockheed Martin delegation led by Brig. Gen. Joseph Rank (Ret.), CEO for Africa & Saudi Arabia, visited lately Rabat and Casablanca to […]



