morocco-organization of of Eastern Caribbean States -OECS

Saudi Arabia shelves plan to take over United Bank of Egypt over disagreement with Cairo

Saudi Arabia has put a plan by its sovereign wealth fund to acquire the United Bank of Egypt on hold because of a disagreement with the Egyptian authorities over its valuation, Reuters reports citing two sources familiar with the matter. The pause is unprecedented in the spree of investments done by the Gulf country in […]

French football legend Luis Fernandez touted as new Madagascar soccer head coach

Luis Fernandez, French legend and former coach of Qatar-owned Paris Saint Germain (PSG) is leading the shortlist of future coaches of Madagascar’s football association’s choices for the national team, L’Express de Madagascar reports. The association has drawn up a shortlist of 9 expats to replace French Nicolas Depuis who stepped down in March after the […]

Libya warns Belgium against attempt to seize €49m

Libya’s envoy to the UN, Taher El Sonni, advised Belgium to renounce its intention to seize €49 million in favor of GSDT, an NGO owned by Belgian Prince Laurent.   El Sooni Twitted that Belgium was trying to take advantage of this stage, as Libyans are busy preparing for a new political and peaceful period, […]