Omar Hilale

Morocco’s Attijariwafa Bank Completes Acquisition of Barclays Egypt

Morocco’s Attijariwafa Bank obtained on May 3 the regulatory approval to acquire the Egyptian branch of Barclays which has shifted towards focusing its activity on the US and Britain. Attijariwafa Bank has finally obtained all regulatory requirements to acquire 100% of Barclays Egypt capital after an agreement was signed by the two banks in October […]

Rabat Denounces Mass Killings of Palestinians by Israeli Army

Morocco has strongly condemned the use of deadly excessive force by Israeli soldiers against unarmed Palestinians in occupied Gaza strip and voiced its total rejection of such acts violating international laws and adding more fuel to the fire in the region. At least 60 Palestinians were killed Monday when Israeli troops fired at demonstrators protesting […]

Egypt, Libya to ban trade of non-Egypt-made drugs

Libyan and Egyptian authorities have reached an agreement to ban the trade of pharmaceutical drugs, other than Egyptian-made, in Libya, ‘Libya Observer’ reports. The move came following a request by the Egyptian Customs Authority to the Libyan Finance ministry to allow only the entry of Egyptian-origin medicine through the Salloum border crossing with Libya. The […]