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Headlines Tunisia

Tunisia: Arrest of former Premier Hamadi Jebali

North Africa Post

Tunisia’s police forces arrested Thursday ex-Prime Minister Hamadi Jebali in the city of Sousse without providing details. The defense team of the defendant told Business News reports that Jebali has been taken to the antiterrorist brigade in El Gorjani, in capital city Tunis. Jebali, according to his team of lawyers, would not answer the investigators’ […]
Asia Business Emerging Markets Headlines International Maghreb Morocco

Morocco, China sign Belt Road Initiative implementation agreement

North Africa Post

Morocco and China signed the implementation agreement of the Belt and Road Initiative providing for further Chinese investments in the Kingdom. In a ceremony chaired by foreign minister Nasser Bourita and Vice President of China’s committee for reform and development (NDRC) Ning Jizhe, the two countries vowed to add momentum to bilateral cooperation. The new […]
Asia Business Egypt Emerging Markets Headlines International

Egypt moves forward with privatization as Emirates NBD eyes Banque du Caire

North Africa Post

Emirates NBD, the largest bank in Dubai by assets, has commenced due diligence on a potential acquisition of a stake in Banque du Caire, Egypt’s sixth-largest commercial bank. This acquisition is part of Egypt’s ongoing efforts to privatize state-owned businesses as the country seeks to raise up to $2.5 billion in its 2024-2025 fiscal year. […]