bank-islamic

Wood Processing, catalyst for Africa’s industrialization – report

More investments in the wood processing industries would be conducive to African industrialization and integration, said the African natural Resources Management and Investment Center. In a report, the center highlighted the transformative potential of wood processing across the continent in terms of boosting growth and offering jobs as well as promoting integrated markets. Wood processing […]

Qatar bank seeks U.S. enforcement of $1bn arbitration award against South Sudan

Qatar National Bank (QNB) has petitioned a U.S. federal court to enforce a $1.02 billion arbitration award against South Sudan, stemming from an unpaid wartime loan originally intended to stabilize the fledgling nation’s economy. Filed in the U.S. District Court for the District of Columbia, QNB’s request asks the court to treat the International Centre […]

COVID-19: Tourism, most badly hit sector in Morocco with losses worth billions

The Moroccan National Confederation of Tourism has sounded the alarm. The tourism sector has been severely affected by the coronavirus pandemic and the lockdown it entailed worldwide. The tourism sector and all the activities that shape its value chain, i.e. hotels, restaurants, travel agencies and distribution networks, ground transportation and car rentals, event industry and […]