First Independent Mena Newspaper
The Central Bank of Egypt (CBE) has handpicked Barclays Bank as an international sell-side advisor for the sale of its 99% stake in the state-owned United Bank, Egypt Today reports. Barclays will work alongside local financial advisor, CI Capital, the media also notes. United Bank is one of the 32 state-owned companies the Egyptian government […]
The Archduchess of Austria-Este, Princess Astrid of Belgium, is expected in the Senegalese capital of Dakar, May 21-25 with an important economic delegation to sign several deals with parties in the West African country. Hubert Roisin, the Belgium ambassador to Senegal made the announcement noting that the royal personality has been assigned the mission by […]
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 […]
International and regional efforts to combat armed groups linked to al-Qaeda, the Islamic State and other extremist groups have failed to stop their expansion in Africa’s Sahel region, a senior United Nations official has warned. The joint force set up in 2014 to combat groups linked to al-Qaida, ISIL (ISIS) and others in the Sahel, […]
Moroccan foreign minister Nasser Bourita is taking part in the preparatory meetings for the 32nd Arab Summit due in Jeddah on May 19. The summit comes amid ongoing Sudan crisis, the Israeli-Palestinian conflict, continuing tension between Morocco and Algeria over the Sahara issue, Syria’s return to the Pan-Arab organization, the Iranian and Turkish interferences in […]
The 2023 Kofi Annan Road Safety Award, which will be held in Marrakesh on Sept.25-26, is an international recognition of the outstanding efforts made by Morocco to curb fatalities and injuries from road accidents. The event is organized by the UN Economic Commission for Africa (ECA), the UN Special Envoy for Road Safety and the […]
Former U.S. President Bill Clinton has commended Morocco’s commitment to promoting human rights and strengthening peace, security and stability in the world, hailing the longstanding and strong friendship ties existing between Morocco and the United States and between the royal family and the Clintons. The 42nd President of the United States made the remarks Tuesday […]
Six African leaders plan to spearhead and facilitate what they hope could be the beginning of peace talks between Moscow and Kyiv more than one year after Russia’s invasion of Ukraine. South African President Cyril Ramaphosa announced on Tuesday (16 May) that Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy had agreed to meet […]
The United States has denounced the continuing violations of religious freedom in Algeria wherein non-Muslim minority groups and Shiites suffer unabated harassment, persecution and growing restrictions. In its 2022 International Religious Freedom Report, the State Department says the Algerian authorities continued in 2022 to arrest, jail, and fine Christians on charges of proselytizing, citing in […]
Economic growth in Morocco is expected to pick up to 3.1 per cent in 2023, announced on Tuesday by the European Bank for Reconstruction and Development (EBRD). In its latest Regional Economic Prospects (REP) report, the Bank’s analysts explained the projected Moroccan economic growth by the anticipated agricultural recovery, moderate inflation and the country’s removal […]