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Business Egypt Headlines

Egypt’s Suez Canal Bank to pull out of Middle East Oil Refinery

North Africa Post

The publicly listed company, Suez Canal Bank, says it will withdraw entirely from Middle East Oil Refinery (Midor), Zawya reports. The operation will generate $30.4 million for Suez Canal Bank as 1.27 percent stake (560,000 shares) will be sold to Egyptian General Petroleum Corporation (EGPC) at $54.7 per share. The financial service institution posted a […]
Columns Community Culture Egypt Headlines Morocco

Ancient Egyptian DNA reveals deep genetic roots in Morocco

North Africa Post

A groundbreaking genetic study has revealed that ancient Moroccan populations played a foundational role in the emergence of Ancient Egypt’s early civilization. Published in Nature, the study presents the first fully sequenced genome of an individual from Egypt’s Old Kingdom (circa 2855–2570 BCE), showing that the majority of his ancestry traces back to Neolithic North […]
Headlines Morocco

Morocco denounces HRW’s inappropriate approach regarding its judicial system

North Africa Post

Moroccan authorities have firmly rejected the claims of Human Rights Watch about the Moroccan judicial system as stated in its World Report 2021. Moroccan authorities “categorically reject” the chapter dedicated to Morocco in the report, as this NGO persists in its inappropriate approach in assessing the human rights situation in Morocco, by disregarding the methodological […]