A total of 443,535,902 shares of the ‘’National Société Générale Bank’’ (NSGB) have been acquired by the Qatar National Bank (QNB) at a selling price of EGP 35.65 per share. The 100% acquisition of the shares cost the Qatari bank EGP 16.142bn. The NSGB is a subsidiary of the French Société Générale Bank in Egypt. […]
Attijariwafa Bank reported a 26.6% increase in its annual 2024 net profit to 950 million dollars, amid an expansion of activity in Morocco and in African subsidiaries. The bank reported an 8% increase in loans to the economy in Morocco, raising its market share to 28.1% from 26.9% in 2023, it said in a statement […]
Morocco’s opposition party, Istiqlal, wrote to the President of the EU parliament about the recent surge in aid embezzlement by the Polisario, an Algerian-backed separatist group whose leaders trade in foodstuff sent to the Tindouf camps population. Istiqlal MPs deplored in a letter that this diversion of humanitarian aid takes place in full connivance of […]
