AU calls for ‘immediate ceasefire’ in Ethiopia’s Tigray region as fighting intensifies

The African Union’s (AU) chairman has called for an “immediate, unconditional ceasefire” in the two-year-old conflict in Ethiopia’s northern Tigray region, whereby his call for a truce comes as the pan-African body makes efforts to bring the warring sides to the negotiating table. African Union Commission Chairman Moussa Faki Mahamat expressed “grave concern” in a […]

Bahrain Tamweel Wa Inma Bank to Open 37 Branches in Morocco

Bahrain’s Islamic Bank, Al Tamweel wa Inma (BTI) Bank, which opened lately its headquarters in Casablanca, looks forward to setting 37 branches by 2022 in various cities of Mo-rocco. The BTI Bank has been launched following the partnership sealed by Al Baraka Banking Group (ABG), the leading multi-national Islamic Banking Group, headquartered in Bahrain, and […]

EU’s €100m to ease Tunisia’s financial constraints

Tunisia will soon be receiving the first tranche of the €300 million Macro Financial Assistance (MFA) program that the European Union allocated to the country in May 2014 to help it overcome its financial crisis. The amount is a loan that supports the Stand-by Agreement that was approved by the International Monetary Fund (IMF) in […]