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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 […]
King’s Participation in Armistice Day Commemoration Highlights Moroccan-French Long-lasting Friendship
The attendance of King Mohammed VI of the 100th anniversary of the Armistice Day in Paris is another facet of the enduring ties of friendship between Morocco and France and a tribute to the Moroccan soldiers who have fallen at World War I in Europe and elsewhere defending the cause of Freedom. Through his participation […]
Gulf Cooperation Council reiterates steady support for Morocco’s sovereignty over its Sahara
The Supreme Council of the Gulf Cooperation Council (GCC) reiterated, on Sunday, its constant positions and resolutions in support of Morocco’s sovereignty over the Sahara and in ensuring the security and stability of Morocco, and preserving its territorial integrity. In the final communiqué issued following its 45th summit held Sunday in Kuwait, the Council praised […]



