Egyptian football team

Commercial International Bank Egypt completes acquisition of Kenya’s Mayfair CIB in $40mln deal

Commercial International Bank Egypt (CIB) is set to proceed with the complete takeover of Kenya’s Mayfair CIB, after obtaining approvals from authorities, in a deal valued at $40 million. The Central Bank of Egypt (CBE) and the Central Bank of Kenya (CBK) have just granted their consent for CIB to acquire the remaining 49% of […]

Pakistan invites Morocco to take part in naval exercise Aman-2023

Pakistan has invited Morocco to take part in the 8th Naval Exercise Aman (Peace) to be organized in February next year by this South-Asian Muslim country. The invitation was extended during a visit paid by Chief of Pakistan Naval Staff Admiral Muhammad Amjad Khan Niazi to the North African Kingdom, according to press reports. During […]

french Voltalia to Build 2 Hydropower Plants in Morocco

Morocco’s Energy Ministry delivered permits to Voltalia to build two hydropower plants of respectively 9.8 MW and 7.2 MW in the Middle-Atlas region. “These permits follow positive technical approvals delivered by the National Bureau for Electricity and Drinking Water regarding the connection of the plants to the national grid,” said the French company in a […]