Tunisian blogger amina-mansour

Qatar’s Ooredoo appoints deputy CEO for Algeria branch

              Qatar-owned telecommunication giant Ooredo Group Thursday announced the appointment of a deputy CEO for its branch in Algeria one week after CEO Nickolai Beckers was expelled over large scale layoff allegations. Bassam Yousef Al Ibrahim, the Doha-based organization said in a statement, will take office from March 1st. […]

Egypt’s Suez Canal Bank to pull out of Middle East Oil Refinery

The publicly listed company, Suez Canal Bank, says it will withdraw entirely from Middle East Oil Refinery (Midor), Zawya reports. The operation will generate $30.4 million for Suez Canal Bank as 1.27 percent stake (560,000 shares) will be sold to Egyptian General Petroleum Corporation (EGPC) at $54.7 per share. The financial service institution posted a […]

El-Sisi to explain Egypt’s “reality” to Obama

The relation between Cairo and Washington seems to be on the right footing after Egyptian Presidential Spokesman, Alaa Youssef, announced that President Abdel-Fattah El-Sisi will be meeting with his homologue from the US to clear the air about Egypt’s situation. He said “the reality” will be told to President Obama in order to clear the […]