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Asia Business Finance International

Morocco’s BCP mulls stake sale to Asian bank

North Africa Post

Morocco’s second largest bank, BCP, is said to be planning to allow in a major Asian bank as stakeholder in a bid to diversify its portfolio to Asia, Bloomberg reported. “The sale, which could be enacted through a cash injection, is the linchpin of a five-year strategy starting in 2021 that the Casablanca-based lender plans […]
Business Finance

The Egyptian pound and foreign currencies

North Africa Post

During the inauguration ceremony of the National Initiative for Economic Launch, the Egyptian Prime minister said that there are expectations that some prospective investments can “help reduce the budget deficit” before the end of the year because these investments can go up to LE20 billion. These remarks came after saying that the transfer of funds […]
Headlines Morocco

Morocco: King Mohammed VI Pays Respects at Tomb of his Late Grand-Father

North Africa Post

King Mohammed VI, Commander of the Faithful, accompanied by Crown Prince Moulay El Hassan, Prince Moulay Rachid, and Prince Moulay Ahmed, visited on Saturday the tomb of his Grand father, the late King Mohammed V to pay his respects. This visit marked the commemoration of the 67th anniversary of the death of the Father of […]