UN forum-Transformative Role of the Culture of Peace

Egypt: the country has a large consumer base

Mansour group is planning to sell its supermarket chain, Metro, and discount grocery store Kheir Zaman. Majid Al Futtaim (MAF) has set its eyes on the supermarket in a deal estimated around $200 to $300 million. Egypt’s largest supermarket chain is Metro. It is present in 10 cities with more than 40 outlets. MAF gained […]

Moroccan-American Maritime Exercise at Gibraltar Strait

The Royal Moroccan Navy’s Sigma-class frigate Allal Ben Abdallah (F 615) joined on Tuesday the Harry S. Truman Carrier Strike Group (HSTCSG) in a maritime drill carried at the Strait of Gibraltar within the frame of the longstanding U.S.-Moroccan military cooperation ties existing between the two allies and partner countries. The largest American aircraft carrier […]

Egypt: QNB finally takes over NSGB

A total of 443,535,902 shares of the ‘’National Société Générale Bank’’ (NSGB) have been acquired by the Qatar National Bank (QNB) at a selling price of EGP 35.65 per share. The 100% acquisition of the shares cost the Qatari bank EGP 16.142bn. The NSGB is a subsidiary of the French Société Générale Bank in Egypt. […]