armee_mauritanienne

Tangier Grand Stadium nears completion for African football showcases

Morocco’s ambitious stadium modernization program reaches a crucial milestone as the Grand Stadium of Tangier approaches its late September completion deadline, according to project architect Anouar Amraoui. The $360 million renovation transforms the venue into a 75,000-seat football-dedicated facility, eliminating the athletics track to create an intimate spectator experience meeting FIFA World Cup standards, Amraoui […]

Economic Prospects for North Africa:Managing Risks and Expanding Opportunities

Three years down the road from the wave of Arab Spring revolutions that affected the Middle East and North Africa region, MENA economies remain depressed. Egypt’s gross domestic product contracted by about 3 percent in the second quarter of 2013 while the growth rate amounted to only 2 percent last year, when compared to 2.3 […]

Egypt moves forward with privatization as Emirates NBD eyes Banque du Caire

Emirates NBD, the largest bank in Dubai by assets, has commenced due diligence on a potential acquisition of a stake in Banque du Caire, Egypt’s sixth-largest commercial bank. This acquisition is part of Egypt’s ongoing efforts to privatize state-owned businesses as the country seeks to raise up to $2.5 billion in its 2024-2025 fiscal year. […]