The recently launched Saudi-Egyptian Investment Company (SEIC) is set to acquire 25 per cent of stakes in Egyptian fertilizer giant Misr Fertilizers Production Company (MOPCO) for an unrevealed amount. The deal, Arab Finance reports citing a source who asked not be named, might have been executed Tuesday or it would be carried out this Wednesday […]
World leaders from Europe to America stood in support of Turkey following the series of deadly explosions that rocked Istanbul’s busy Ataturk Airport on Tuesday evening in an attack Turkish officials blame on the Islamic State group. About 40 people are confirmed to have been killed, and 147 injured, in the gun and bombing attack. […]
The ruling coalition in Algeria agreed to nominate President Abdelaziz Bouteflika to run for a fifth term amid cries for election boycott. Ailing Bouteflika has yet to confirm. The 82-year-old president who has been in power since 1999 has not spoken in public since he suffered a stroke in 2013. “The parties of the presidential […]
