Morocco's BMCE Bank posts 51 pct rise in H1 net profit
Morocco's BMCE Bank posted a 51% rise in first-half net profit attributable to shareholders of 902 million dirhams ($103.29 million).
Algeria awards 4 out of 31 oil, gas blocks on offer
Algeria awarded four of 31 oil and gas field blocks on offer to foreign consortiums on Tuesday in its first attempt since a disappointing 2011 bid to draw investors to help offset its stagnate production
Etihad Rail set to launch next phase of UAE railway network
The United Arab Emirates' railway developer Etihad Rail is set to secure government funding and award contracts to build the second phase of its USD 11 billion national rail network, its acting chief executive officer said.