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 […]
Morocco’s Permanent Representative to the United Nations, Omar Hilale, described the recent UN Security Council resolution on the Sahara as a historic milestone crowning 50 years of efforts in defense of the Kingdom’s territorial integrity and national unity. In a televised interview with Rita Cosby on Newsmax’s “Saturday Report,” Hilale praised US President Donald Trump […]
Morocco increased its holdings of US Treasury securities to $4.1 billion in December 2025, up from $3.2 billion a year earlier, Forbes Middle East reported. The country’s portfolio saw only mild fluctuations over the year, briefly bottoming out at $3.3 billion in January before gradually recovering. This evolution reflects what Forbes Middle East describes as […]
