BCIJ arrests terrorists

Saham completes acquisition of Société Générale’s SGMB bank

Saham Group said it has completed the acquisition of the Moroccan subsidiary of French Société Générale SGMB and its insurance business, La Marocaine Vie. Moulay Hafid Alamy has been appointed president of SSGMB following the sale. Earlier this year, Société Générale announced the sale of its majority shares at 57% of SGMB to Saham. The […]

Egypt is essential to Belt and Road initiative, Chinese Diplomat

Ties between Beijing and Cairo should be boosted because the two share complementary pro-development policies and the North African country will play a crucial role in the Silk Road Economic Belt and the 21st-Century Maritime Silk Road initiative often known as the Belt and Road. The remarks were made by Han Bing, counselor for economic […]

AfDB loans Morocco €350 mln, promises €650 mln for World Cup infrastructure financing

The African Development Bank signed a loan agreement worth 350 million euros in support of Moroco’s economic governance, climate resilience, water management, and industry as it also plans to extend a financing of 650 million euros to help Morocco develop transport infrastructure. As part of the first loan, signed during the Africa Investment Forum (AIF) […]