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. […]

Algeria-Libya: Joint Commission activated to fight terrorists

Prime Minister Zeidan has gone to Algeria for a brief visit to discuss “issues of mutual interest” with his counterparts. The rising security threats and smuggling was high on the agenda during their meetings. Both sides have agreed on taking common steps to curb it through their Joint Commission. Algeria’s Prime Minister, Abdelmalek Sellal has […]

Rabat & Belgrade Agree to Step up Cooperation in Trade, Tourism & Culture

The Moroccan and Serbian governments have agreed to strengthen cooperation in trade, tourism and culture with the signing of deals in these fields. These agreements were sealed on the sidelines of the 2nd session of the Morocco-Serbia joint committee convened Wednesday in Rabat. The first agreement aims to facilitate and develop long-term trade in goods […]