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Morocco’s Attijariwafa Bank Completes Acquisition of Barclays Egypt
Morocco’s Attijariwafa Bank obtained on May 3 the regulatory approval to acquire the Egyptian branch of Barclays which has shifted towards focusing its activity on the US and Britain. Attijariwafa Bank has finally obtained all regulatory requirements to acquire 100% of Barclays Egypt capital after an agreement was signed by the two banks in October […]
UN peacekeeping Mission in Mali withdraws from two camps near Kidal
The UN stabilization mission in Mali known as MINUSMA said Monday October 16 it pulled out from two camps in the Kidal region. “In a climate of high tension, (the mission) has begun the process of withdrawing from its camps in the Kidal region, starting with Tessalit and Aguelhok”, the mission said in a statement. […]
Egypt’s central bank gets around $5.2bn from local banks to address growing economic pressures
The Central Bank of Egypt, (CBE) collected around $5.2 billion (EGP 100 billion from local banks in the weekly open market operations (OMO) as the North African country turns to local, regional and international banks for loans to address growing economic pressures. The CBE data indicate that the funds were raised at a fixed rate […]



