5th Euro-African Ministerial Conference on Migration May 2

Algeria boycotts Ecuador’s bananas after its pro-Morocco move

The prices of bananas are set to surge in Algeria after the latter boycotted imports of the fruit from its main supplier Ecuador, which has withdrawn recognition of the Polisario entity and backed Morocco’s autonomy plan for the Sahara. Ecuador has made the position last month, following the example of Panama, showing strong support for […]

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. […]

Spanish PM expresses gratitude to Morocco for supporting relief operations in flood-affected Valencia

Spanish Prime Minister Pedro Sánchez expressed his gratitude to Morocco for its support to relief operations following the devastating floods in the Valencia region. Sánchez highlighted the efforts made by rescue teams from Morocco, Portugal and France, and emphasized their critical role in assisting the affected areas. “In these challenging weeks that Spain experienced due […]