Europe Headlines International Morocco

Sahara-Spain: Ruling People’s Party Blocked Draft Proposal Hostile to Morocco

The Spanish Parliament has rejected a draft bill that sought to undermine Morocco’s interests thanks to a block vote of the ruling People’s Party Mps. The Spanish People’s Party of Mariano Rajoy has opposed the draft bill tabled by the deputies of the extreme left, Podemos, and those of the Catalan republican left, ERC, which […]

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Egypt : Qaala Holding divests stake in Pharos at $ 5.3 million deal

The investment firm Qaala Holding, previously known under the name of Citadel Capital, sold its direct and indirect shareholdings in Pharos Holding for Financial Investments, which amount to 80%, in a deal of 40 million Egyptian pounds ($ 5.3 million). According to the company’s statement, the divestiture is part of its plans to sell non-core […]