King Mohammed VI of Morocco Delivers a Speech to the Nation on 69th Anniversary of the Revolution of the King and the People

King Mohammed VI on Saturday delivered a speech to the Nation on the occasion of the 69th anniversary of the Revolution of the King and the People. Here follows the full text of the royal speech: “Praise be to God, Read more

Throne Day: Morocco’s King Calls on All Stakeholders to Facilitate Foreign Investment & Combat Speculation

King Mohammed VI has laid out his vision to attract more foreign investment in an unstable environment marked by the continuing impacts of the COVID19 crisis and the effects of major international developments on the national and the global economy. Read more

Abu Dhabi sovereign wealth Mubadala leads $400 million Series D funding round for Germany-based insurtech Wefox

Wefox, a Berlin-based insurtech, has closed a $400 million Series D funding round led by Abu Dhabi Mubadala Investment Company, reports say. Other investors include Eurazeo, LGT, Horizons Ventures, OMERS Ventures, and Target Global, Wefox sells insurance to intermediaries and Read more

Tunisia-Africa Business Council to take place in Togo for first time

The Tunisia-Africa Business Council, TABC, will hold a summit in September in Togo, a West African country considered as an opportunity hub for investors. The Conference, one-off for the West African country, will take place 11-15 September. TABC, in a Read more

Egypt, Bahrain ink host of agreements

Bahraini King Hamad bin Isa Al Khalifa and visiting Egyptian leader Abdelfattah al-Sisi signed Wednesday a group of Memorandum of understanding (MoU) covering several areas including technology and investment. Al-Sisi travelled to the Gulf country to attend the inauguration of Read more

Saudi Arabia, Italy agree to set up business council

The Kingdom of Saudi Arabia and Italy have signed a Memorandum of understanding (MoU) to set up a business council between the two countries. Saudi and Italian representatives from the private sector, reports say, discussed investment opportunities in the fields Read more

Egypt lauds Saudi Arabia, UAE for unconditional support in face economic hardship

Egyptian President Abdelfattah al-Sisi Monday praised Saudi Arabia and the UAE for supporting the Arab African country economically as it faces an acute economic hardship compounded by the Russia-Ukraine crisis, Middle East Monitor (MEMO) reports. “Saudi Arabia and the UAE Read more