haftar

Morocco Informs United Nations of Adoption by EU Council of Fisheries Agreement

Morocco’s permanent representative to the United Nations, Omar Hilale, has informed the UN Secretary-General and the members of the UN Security Council of the adoption on Monday by the European Council of the Sustainable Fisheries Partnership Agreement with Morocco. The Council also adopted the agreement’s related implementation protocol and the exchange of letters accompanying the […]

Fitch: Attijariwafa Bank’s Ghana Acquisition Will Not Affect Its Credit Ratings

Fitch agency has affirmed that Attijariwafa Bank acquisition of a 55.2% stake in Société Générale’s Ghanaian subsidiary will not affect its BB+ rating assigned to the Moroccan Bank with stable outlook. The acquisition is likely to be ratings neutral for the Moroccan bank, Fitch says. Société Générale Ghana (SGG) had assets of less than USD1 […]

National Bank of Oman to exit from Egypt in Q1 2020

National Bank of Oman, NBO, will cease operations in Egypt early next year at the decision of the board of directors. The NBO, registered on the Muscat Securities Market (MSM), has received approval to wrap up activities in Egypt, Mubasher reports. The outlet, citing bourse sources, notes that the closure will take place in Q1 […]