The United Nations mission in Mali, known as MINUSMA, officially ended a 10-year deployment in the West African country on Monday (11 December), its spokesperson said, in a pull out ordered by Mali’s military leaders. The United Nations Multidimensional Integrated Stabilization Mission in Mali (MINUSMA) was established in April 2013 to support political processes in […]
The Central Bank of Egypt (CBE) abolished a February 2022 circular requiring the use of letters of credit for imports, and allowed the use of collection documents instead, Arab Finance reports. The CBE in a late December circular scrapped the letter of credit which provides an irrevocable guarantee to the exporter that the importer’s bank […]
Esso Exploration International Ltd., a subsidiary of U.S. ExxonMobil Corp., signed on Tuesday in Rabat two reconnaissance contracts with Morocco’s National Office of Hydrocarbons (ONHYM). These reconnaissance contracts cover the areas of Safi-Essaouira Offshore and Agadir-Ifni Offshore. The areas are located offshore the cities of Safi, Essaouira, Agadir and Sidi Ifni. The signing of these […]
