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Online Shopping Surges 65% as Quarter of Moroccans Embrace E-Commerce

Nearly one in four Moroccans completed online purchases in 2024, marking a substantial shift in consumer behavior over the past five years, according to the National ICT Survey 2024-2025 conducted by Morocco’s telecommunications regulatory agency. The adoption rate climbed from 15.1% in 2019 to 24.9% in 2024, representing 3.7 million new online shoppers—a 65% increase. […]

Egypt postpones IPO for state-run Banque du Caire over covid-19

Egypt has postponed sine die the Initial Public Offering (IPO) to sell minority shares state-run Banque du Caire (BQDC.CA) due to spread of covid-19 contamination, reports say. The operation slated for mid-April on the Egyptian Stock Exchange aimed at selling the shares for about $500 million. The Bank Chairman Tarek Fayed, Reuters notes, told a […]

Lebanon: Army enjoys “unconditional” political support, PM Hariri

Prime Minister Saad Hariri assured the Lebanese military of the government’s support after four Syrian nationals died while in their custody. The military have been under strong criticism but the Lebanese Prime Minister argued, “those criticizing the army are trying to create tensions between the military forces and Syrian refugees.” Military personnel raided the northeastern […]