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Algeria: Finance minister sounds the alarm over drying state finances
The Algerian Finance Minister debunked the government over the country’s finance following the crash of global oil, noting that the situation is dire and that it is pointless to lie. Abderrahmane Raouya, during an improvised press conference in capital Algiers Wednesday, confirmed that the state finances have drastically dwindled, TSA reports. The North African country […]
Moroccan reinsurer SCR rebrands as Atlantic Re with African expansion plans
Morocco’s Société Centrale de Réassurance (SCR) has officially rebranded as Atlantic Re, marking a strategic pivot toward continental expansion. The announcement, made Thursday, follows the inauguration of the company’s new headquarters at Casablanca Finance City. The 65-year-old reinsurer, a subsidiary of state investment fund CDG, positions this rebranding as part of a comprehensive transformation strategy […]
Brazil turns down Ankara’s extradition request of outlawed Hizmet member
Brazil’s Supreme Court Tuesday dealt a blow to Turkey after it ruled out Ankara’s demand for the extradition of a member of the Hizmet organization, outlawed by Turkish authorities for its alleged terror traits. Ankara submitted an extradition demand for Ali Sipahi, a businessman and owner of restaurants in Sao Paulo. Sipahi is member of […]



