Covid-19: Moroccan authorities to supervise donations in kind

To prevent the spread of the coronavirus and avoid any political exploitation of food donations, Moroccan authorities have decided to supervise this operation in order to maintain public order and protect the health of citizens. Thus, philanthropists wishing to make such donations should get in touch with local authorities in their regions to arrange for […]

Morocco Approves Islamic Banking

As expected, Morocco’s Central Bank has finally given its green light to five Moroccan banks to set up Islamic banks – known locally as participative banking- and allowed three banks to sell Islamic products. The regulatory approvals concern the three major Moroccan banks Attijariwafa Bank, BMCE of Africa and Banque Centrale Populaire (BCP), and two […]

Egypt’s Transport Ministry to Offer Tender for a New Subway Line

Egypt’s Transport Minister, Ibrahim al-Demeiry, said yesterday (March 25) that the ministry had started three new projects worth LE20 billion aimed at improving the country’s infrastructure and boosting its economic development. One of the projects is the tender for the third phase of the Ataba-Imbaba-Cairo University subway line, which is to be offered today (Wednesday, […]