Latest News Maghreb & Middle East
Construction & Infrastructure
30/10/2019 at 15h18, by Africa Business+
China Road and Bridge Corporation to develop Nouakchott fishing port for $93 million
The Chinese engineering and construction company has been awarded the tender in the country.
Commercial banking
25/10/2019 at 21h21, by Africa Business+
BCP vs. Attijariwafa Bank: a Moroccan duel in Tunisia
In September, Morocco’s Banque centrale populaire (BCP), headed up by Mohamed Karim Mounir, will purchase...
Land transport
25/10/2019 at 21h14, by Tarik Bargal
With ALSA, National Express Group targets intercity transport in Morocco
Drawing on its more than 15 years’ experience in Morocco, where its revenue has increased dramatically,...
Oil & Gas
25/10/2019 at 20h40, by Africa Business+
Morocco: Moulay Youssef, cousin of Mohammed VI, sponsors Russian refinery project in Nador
In partnership with Rahal Boulgoute, president of the real estate company Marita Group, Moulay Youssef...
Consumer goods & Retail
23/10/2019 at 22h41, by Africa Business+
Crédit Agricole finances Edita-Dislog biscuit plant in Morocco
Egyptian company Edita Food and Moroccan distributor and importer Dislog are starting construction on...
Energy
21/10/2019 at 22h46, by Africa Business+
Algeria: why Sonatrach is investing €100m in Medgaz
Now that UAE fund Mubadala has sold its stake in Medgaz, Algeria’s state-owned Sonatrach has become...
Mines
21/10/2019 at 22h18, by Gaëlle Arenson
How Mostafa Terrab is transforming OCP Group’s governance
In a matter of a few years, the governance structure, comprised of four managing directors working under...
Capital Market & Private Equity
21/10/2019 at 21h37, by Africa Business+
Helios makes $25m in profit off Fawry IPO in Egypt
On 8 August, PSI Netherlands Holding BV reported the sale of 36% of the share capital of Fawry for...
Bank
16/10/2019 at 15h08, by Africa Business+
Banque de Tunisie et des Émirats borrows €17.7m to bolster its troubled privatisation
Banque de Tunisie et des Émirats is to issue 50m dinars (€17.7m) in bonds with a par value of 100 dinars.
Maritime transport
16/10/2019 at 12h41, by Aurelie Benoit
Meridiam gets new backing from OPIC in Nouakchott
The U.S. Government agency is to provide a $24m safety net for the future oil and gas and container...
Industry
15/10/2019 at 21h48, by Africa Business+
Anas Sefrioui’s empire shifts to alternative fuels
Valocim, a new waste management company, is the latest venture in the property tycoon’s business empire....
Office Accommodation
15/10/2019 at 15h17, by Africa Business+
Soumaya Tazi (Immorente) launches a new fundraising for a maximum of 600 million dirhams ($62.19m)
The general meeting on 14 November should endorse the decision before Immorente, an investor in Moroccan...
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