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BRIEF-Barclays completes sale of Egypt unit to Attijariwafa Bank

2017-05-03 reuters
* Barclays bank plc completes sale of its retail and corporate banking business in egypt to attijariwafa bank s.a.

Among Mango Sellers and Shoeshine Men, a Stock Market Flourishes - Bloomberg

2017-03-20 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Saudis, Chinese Team Up to Build 170MW of Solar Power in Morocco - Bloomberg

2016-11-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

UBS Sees Middle East M&A Revival as Bank Leaps Up League Tables - Bloomberg

2016-11-02 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Morocco's African Diplomacy Expands Eastward

2016-10-31 marketwired
WASHINGTON, DC--(Marketwired - October 31, 2016) - Morocco's King Mohammed VI has concluded a tour of Rwanda and Tanzania, resulting in more than 40 bilateral agreements and marking the eastward expansion of Morocco's diplomatic efforts in Africa.

Südafrika gibt sein IPP-Programm für erneuerbare Energien an elf afrikanische Staaten weiter

2016-10-24 prnewswire
Was: The Africa Renewable Energy Forum Wann: 2. bis 4. November 2016 Wo: The Four Seasons Hotel, Marrakesch Beim afrikanischen Forum für erneuerbare Energien, das im kommenden Monat in Marrakesch, Marokko stattfinden wird, trifft Investitionskapital in Höhe von mehr als 19 Mrd. USD auf private Entwickler und Banken, um unter dem Motto "Erfolg weckt Ehrgeiz" den Energiebereich zu fördern. Das südafrikanische Ministerium für Energie und unabhängige Stromerzeuger (Independent Power Producer, IPP) wird dort darauf hinarbeiten, sein erfolgreiches IPP-Programm für erneuerbare Energien an elf weitere Regierungen weiterzugeben.

L'Afrique du Sud sur le point d'exporter son Programme de production indépendante d'énergie renouvelable en association avec 11 nations africaines

2016-10-24 prnewswire
De quoi s'agit-il ?  Du Forum africain sur les énergies renouvelables Quand ? Du 2 au 4 novembre 2016 Où ? À l'hôtel Four Seasons de Marrakech Le Ministère de l'énergie d'Afrique du Sud et le Bureau de production indépendante d'énergie se préparent à exporter le succès du Programme de production indépendante d'énergie renouvelable aux 11 autres pays qui assisteront au Forum africain sur les énergies renouvelables, qui se tiendra à Marrakech le mois prochain.

Sudáfrica exportará su programa de energía renovable IPP en colaboración con 11 naciones africanas

2016-10-21 prnewswire
Qué: The Africa Renewable Energy Forum Cuándo: 2-4 de noviembre de 2016 Dónde: The Four Seasons Hotel, Marrakesh Mientras el Departamento de Energía de la Oficina IPP de Sudáfrica se prepara para exportar el éxito de su programa IPP Renewable Energy a otros 11 gobiernos del 'Africa Renewable Energy Forum' en Marrakech el próximo mes, los líderes de más de 19.000 millones de dólares estadounidenses de capital de inversión se reúnen con los desarrolladores del sector privado y bancos para prescribir el lema de "el éxito genera éxito" para el sector energético.

Banks to Face U.S. Gold & Silver Price Rigging Lawsuits

2016-10-06 zacks
Legal hassles for major global banks continue unabated. A federal judge has ruled that gold and silver investors may pursue their respective cases against banks for alleged price manipulations. The U.S. District Judge – Valerie Caproni – in Manhattan, rejected appeals by The Bank of Nova Scotia (BNS - Snapshot Report) , HSBC Holdings Plc (HSBC - Analyst Report) , Barclays PLC (BCS - Analyst Report) and Societe Generale Group (SCGLY - Snapshot Report) to dismiss the gold rigging lawsuit.

4 Best Dividend Mutual Funds to Buy in October

2016-10-05 zacks
An imminent rate hike, Brexit and Deutsche Bank AG’s (DB - Analyst Report) inadequate capital cushion continue to dampen investors’ sentiments. October is also expected to be a volatile month for equities, thanks to the upcoming presidential elections.

Barclays to Sell its Egypt Business to Attijariwafa Bank

2016-10-05 zacks
As part of its restructuring initiatives, Barclays PLC (BCS - Analyst Report) has agreed to sell its Retail and Corporate Banking business in Egypt to Attijariwafa Bank S.A., the biggest bank of Morocco in terms of revenue. The completion of the deal is subject to regulatory approvals and is anticipated to occur by the end of this year. Notably, the deal value was not disclosed.

Citigroup (C) to Invest $1B More in Mexican Unit

2016-10-05 zacks
On Oct 4, 2016, Citigroup Inc. (C - Analyst Report) announced its plans of investing more than $1 billion in its Mexican unit, Banco Nacional de México or Banamex, which will be renamed as Citibanamex. The investment is expected to be completed by 2020 and will improve digital tools, ATMs and branches. This expenditure comes in addition to the banks’ prior commitment of investing more than $1.5 billion in its Mexican counterpart in Sep 2014.

Barclays Agrees to Sell Egyptian Unit to Attijariwafa Bank - Bloomberg

2016-10-05 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

PRESS DIGEST- Financial Times - Oct 5

2016-10-05 reuters
Oct 5 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

UPDATE 1-Barclays sells Egyptian business to Morocco's Attijariwafa Bank

2016-10-04 reuters
LONDON Oct 4 Britain's Barclays has completed the sale of its Egyptian business to Morocco's Attijariwafa Bank as part of its shift towards focusing on the United States and Britain.