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Morocco to Launch Islamic Insurance (Takaful) in 2019

Morocco will launch next year Islamic Insurance (Takaful) after introducing in 2017 Islamic banking services, which are thriving in the Middle-East, Africa, Asia and some western countries, say local insurance experts. In July 2017, the Moroccan Government Council adopted a draft decree paving the way for implementation of the Takaful Law. Unlike the banking sector, […]

Yemen: Houthis give political parties 72hrs ultimatum

Houthi rebels warned in a statement released at the end of a three-day forum that they will oversee the affairs of the state if the power vacuum continues for another 72 hours. The Houthis control all major government buildings in the capital and several key military facilities including the headquarters of the paramilitary Special Forces […]

Morocco, Portugal Vow to Join Efforts in Favor of Africa’s Development Potential

Africa was a salient theme in all cooperation prospects discussed during the 13th Moroccan-Portuguese High-Level Meeting in Rabat. The Head of the Moroccan government Saad Eddine El Othmani and his Portuguese counterpart Antonio Costa vowed to join efforts in order to tap into development as well as investment and business opportunities in Africa through the […]