Saudi Arabia has put a plan by its sovereign wealth fund to acquire the United Bank of Egypt on hold because of a disagreement with the Egyptian authorities over its valuation, Reuters reports citing two sources familiar with the matter. The pause is unprecedented in the spree of investments done by the Gulf country in […]
Spanish football club, Valencia FC, has opened an academy in the Moroccan city of Marrakesh to train young players, local coaches and share its professional soccer experience. This new project will feature different programs for young players and will be based in different cities in the African country, beginning with the first location in the […]
The advent of the coronavirus pandemic has exposed European manufacturers to the risk of over-reliance on China’s supply where many firms were tempted by low production costs and skills. Morocco Stands to benefit from this restructuring, building on its competitive assets, infrastructure, competitive wages and skilled workforce, the Oxford Business Group and a DW report […]
