Tunisian & Egyptian presidents

Saudi Tamer Healthcare company near acquisition of 30 per cent of Egypt’s UCP

Tamer Healthcare, Saudi leading healthcare and wellness group, is close to getting 30 per cent of shares of Egyptian United Company of Pharmacists (UCP) for a transaction estimated at $35 million, reports say. The US-based AmerisourceBergen is relinquishing 30 per cent of its 50 per cent of UCP to Tamer, a source told Asharq Business, […]

The African currency rollercoaster ride: struggling against super-strong US dollar

As the global economy sinks into another period of crisis, African currencies are depreciating against the US dollar and rising import costs are adding to inflationary pressures. With around half of all international trade invoiced in dollars, a stronger greenback hurts consumers across the world — including in Africa — that use dollars to pay […]

Sahara: Belgium Reiterates Support for Autonomy Plan under Moroccan Sovereignty

Belgium has reaffirmed support for Morocco’s Autonomy plan offered for the Sahara under the Kingdom’s sovereignty, saying the plan is “the most serious, credible and realistic basis” for achieving a just and lasting political solution to the Sahara regional conflict. The Belgian position was voiced by Deputy Prime Minister and Minister of Foreign Affairs Maxime […]