SENEGAL-US-AFRICOM-MILITARY-EXCERCISE

Egypt: Court Nullifies Transfer of Islands to KSA, Government to Hit back

Egypt’s Highest Administrative Court Tuesday ruled as “unconstitutional” the Government’s April decision to transfer two Red Sea Islands to Saudi Arabia and the cabinet announced that it would appeal the decision. The court indicated that the decision was illegal and violated the Egyptian constitution, ordering that the islands of Tiran and Sanafir should remain part […]

Morocco’s CFG Bank seeks Casablanca listing

CFG Bank, one of the smallest banks in Morocco, plans to issue an initial public offering at the Casablanca stock exchange. The decision was made by the bank’s general assembly with the aim to raise 600 million dirhams through a capital increase at the stock exchange. CFG will issue new shares with a par value […]

Arab Parliament commends leading role of King Mohammed VI in defending Palestinian cause

The Arab Parliament commended the leading role and sustained efforts of King Mohammed VI, Chairman of the Al Quds Committee, in defending the Palestinian cause. This came in a resolution on the situation in the occupied Palestinian territories issued by the Arab Parliament during its 5th session held in Cairo Saturday. The Arab Parliament also […]