khaled-bin-hamad

EAC members bicker over who will host regional central bank to be set up in 2023

A decision to set up the East African Monetary Institute (EAMI) — the Central Bank of East Africa — which is widely seen as a key institution required in implementing a single currency regime, will be made this year, East African Community (EAC) Secretary-General Peter Mathuki has said. Member states have so far failed to […]

Spanish King Hears Victims of Polisario Terrorism

King Felipe VI of Spain received the chairman of the Canary Islands Association for Terrorism victims (Acavite), Lucia Jiménez, who briefed him about the terrorist attacks perpetrated by the Polisario in the Sahara during the colonial era and on the victims who are in need of help. Jiménez was received by the Spanish King on […]

Chinese clothing manufacturer opens 3rd factory in Morocco

Chinese-owned garment manufacturer “Omega Textile Maroc” opened in Casablanca a new facility, the third of its kind in the North African Kingdom, which is attracting more and more investors and businesses. The company, which makes socks and lingerie items, has invested over $7.1 million in the new unit to create 627 new jobs, including 240 […]