Attijariwafa Bank takes a higher stake in Arab Maghreb Union’s BMICE

Attijariwafa Bank takes a higher stake in Arab Maghreb Union’s BMICE

The transaction, involving the acquisition of 2.8% of the shares, allows Morocco to maintain its quota in the multilateral establishment, which targets trade promotion between the five member countries.

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            ▪ Attijariwafa Bank takes a higher stake in Arab Maghreb Union’s BMICE

▪ The transaction, involving the acquisition of 2.8% of the shares, allows Morocco to maintain its quota in the multilateral establishment, which targets trade promotion between the five member countries.

https://www.africabusinessplus.com/en/807665/attijariwafa-bank-takes-a-stake-in-arab-maghreb-unions-bmice/

However, the tense political environment between Algeria and Morocco continues to plague the majority of the initiatives of the Arab Maghreb Union (AMU). This political and economic grouping is struggling to achieve real measures.

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