Islamic banking products in Morocco could expand their deposit bases by 5 to 10 pc, says Fitch Ratings, noting that the ability to grow the deposit base is positive for Morocco’s economic development because deposits represent about 70% of banking sector funding. “We expect growth of participation banks in Morocco will be high initially, as […]
The Sudanese army on Sunday repelled a major assault by the Rapid Support Forces (RSF) on the city of Babnousa in West Kordofan, according to local witnesses. The RSF reportedly launched artillery fire and advanced with combat vehicles, but were driven back by army troops who later released videos confirming control over the area. The […]
Fighting between militias that broke out on Friday night in Tripoli, against a backdrop of political chaos with two rival governments, left at least 23 people dead and 140 injured, according to a new official report. The clashes between rival militias broke out in several neighborhoods of Tripoli (west) where bursts of gunfire and shelling […]
