One-half of the world’s 75 poorest countries — more than half of whom are in Sub-Saharan Africa — are facing a widening income gap with the wealthiest economies for the first time this century in a historical reversal of development, according to a new report released by the World Bank. The report unveiled this week […]
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. […]
Interpol has urged countries of North Africa and Middle-East to enhance their cooperation in the struggle against terrorism and extremism which are threatening the security and stability of the whole region. During its latest regional “Fusion Task Force” meeting held in Abu Dhabi (UAE) with the participation of counterterrorism experts from some 30 countries and […]
