Libya Italy renew Kadhafi era deal

AUPSC: Morocco renews solidarity with Great Lakes Countries, calls for effective cooperation to fight terrorism

Morocco reiterated, Tuesday before the African Union’s Peace and Security Council (PSC), its solidarity with the states of the Great Lakes region, and called for effective cooperation and collaboration among member countries to combat and eradicate the scourge of terrorism and create an environment conducive to stability and development in the region. Speaking at a […]

Morocco Approves Islamic Banking

As expected, Morocco’s Central Bank has finally given its green light to five Moroccan banks to set up Islamic banks – known locally as participative banking- and allowed three banks to sell Islamic products. The regulatory approvals concern the three major Moroccan banks Attijariwafa Bank, BMCE of Africa and Banque Centrale Populaire (BCP), and two […]

Tunisia: 1st Sukuk to be issued in September, Finance Minister

“This time there will be no delay and we will issue a $140 million sukuk in September.” These were the words of the Finance Minister Hakim Ben Hammouda. Tunisia announced that it was going to issue a sukuk but the deadline has expired four months ago. The minister has promised that September will be the […]