As part of overhauling Morocco’s public enterprises and improving their finances, rail operator ONCF will give up its shares in epic Mamounia hotel to phosphates fertilizers producer OCF in a new alliance that also includes Hassan II fund for economic development. Under this deal, the jewels of Morocco’s hotel industry will remain Moroccan. Besides Mamounia, […]
The 3rd edition of the Africa-Arab summit which assembled most of the heads of states of the different countries from the two continents has ended in Kuwait. The summit gear’s towards building solid economic relations between them. The highlight of this year edition is the signing of the Kuwait Declaration. The host of the summit, […]
There has been no disagreement thus far among various Group of 20 (G20) nations over India’s proposal to include the African Union (AU) into the global group, with the United States saying it will work closely with the Indian presidency on a joint communique at the 3rd Sherpa Meeting in Hampi, India. Since Indian Prime […]
