Somalia’s banking: Turkish and Egyptian banks issued first post-war licenses

Central Bank of Somalia (CBS) has recently granted its first two foreign banking licenses — to Turkey’s Ziraat Katılım bank and Egypt’s Banque Misr — in decades as the country seeks to rebuild its financial sector and attract international investment. Both state-owned financial institutions were approved by Somalia’s central bank at the start of July. […]

Morocco-Spain ties experience best era ever- Spanish FM

Morocco and Spain have created the best climate ever for the development of their bilateral ties, Spanish foreign minister José Manuel Albares said. The two countries are reaping the benefits of the momentum launched by the joint declaration of 2022, signed by King Mohammed VI and Prime Minister Pedro Sánchez, Albares recalled at the Spanish […]

Libyan Envoy delivers message from Speaker of Tobruk-based Parliament to King Mohammed VI

Speaker of the Tobruk-based House of Representatives, Aquila Saleh, has addressed a message to King Mohammed VI. The message was handed to Moroccan Foreign Minister Nasser Bourita by the Minister of Foreign Affairs of the Libyan east-based government, Abdelhadi Lahouij, at a meeting Friday in Rabat. In a statement to the media after the meeting, […]