Mediterranean Sea Mediterranean Sea as follows: Stretching from the Strait of Gibraltar in the west to the entrances to the Dardanelles and the Suez Canal in the east, the Mediterranean Sea is bounded by the coasts of Europe, Africa and Asia, and is divided into two deep basins: Being nearly landlocked affects conditions in the Mediterranean Sea: for instance, tides are very limited as a result of the narrow connection with the Atlantic Ocean. The Mediterranean is characterised and immediately recognised by its deep blue colour. Evaporation greatly exceeds precipitation and river runoff in the Mediterranean, a fact that is central to
Bank of Africa (Red Sea) group acquired Banque Indosuez in 1996. In August 2010 the BOA Group, commenced negotiations to acquire BIMR, negotiations that came to fruition in on 22 December 2010 when the bank became Bank of Africa Red Sea (BOA-Red Sea). Bank of Africa (Red Sea) Bank of Africa (BOA Red Sea) is the second largest bank in Djibouti and is part of Mali based Bank of Africa Group. Bank of Africa Group acquired Djibouti based Banque Indosuez Mer Rouge in 2010. BOA Red Sea operates seven branches in Djibouti and a representative office in Addis Ababa. The firm traces its presence in