BCIJ

Algerian military regime pushes conspiracy theories to limit to dismiss Hirak

After failure of conspiracy theories waving the card of the foreign threat, the Algerian military junta is now targeting the Kabylie region’s independence movement, known as MAK, whom it accused of plotting bombings against Hirak protests. The aged military commanders issued a statement accusing the secular independence movement of planning attacks in order to trigger […]

Morocco’s Holmarcom group takes control of Credit du Maroc Bank

Morocco’s Holmarcom group has taken control of Credit du Maroc, a subsidiary of French bank Credit Agricole. Holmarcom has bought all the 78.7% stakes owned by Credit Agricole in its Moroccan branch, in a move to strengthen its foothold in the finance and insurance business. Morocco’s Wafa Assurance and other stakeholders own 10.73% and 10.56% […]

Palm Hills Developments to build $130m Ritz-Carlton Palm Hills hotel in West Cairo

Egypt’s leading developer Palm Hills has entered into an agreement with Marriott International to build a luxury hotel under the name of Ritz-Carlton Palm Hills in West Cairo with investments of $130 million, the office of Prime Minister Mustafa Madbouli has announced. The agreement was signed Monday December 4 by Mr. Yasin Mansour, Chairman of […]