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French Société Générale confirms sale of its Morocco bank to Saham for €747 million

French Société General plans to sell its majority stake in its Moroccan branches to Saham group for 745 million euros, as it continues its divestment from the African continent. The transaction which includes Société Générale Marocaine de Banques and La Marocaine Vie is expected to be completed by end of 2024. The French group owns […]

Libya: Warlord al-Werfalli shot dead by unidentified gunmen in Benghazi

A Libyan warlord, wanted by the International Criminal Court (ICC), was shot dead on Wednesday March 24 in Benghazi, in the east of the country. Mahmoud al-Werfalli, a member of the forces loyal to Marshal Khalifa Haftar, the strongman of eastern Libya and head of the Libyan National Army, was the subject of two ICC […]

Elections in Lebanon: Arab League mission to be headed by Moroccan diplomat

The Arab League has appointed Moroccan diplomat Ahmed Rachid Khattabi to head its mission to observe the legislative elections in Lebanon, due on May 15. Rachid Khattabi serves as the League’s Deputy Secretary-General in charge of the media and communication department. The mission will hold a series of meetings with the authorities involved in the […]