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 […]
Russian Foreign Ministry spokeswoman Maria Zakharova announced Wednesday January 17 Moscow delivered this month a humanitarian cargo of 25,000 tons of grain to Mali for free, the fourth delivery so far to the West African country. “On January 6, 25,000 tons of Russian wheat were delivered to the port of Conakry [Republic of Guinea] by […]
The Egyptian security forces have botched up Wednesday a new terror plot hatched to deal a hard blow to the tourism sector, one of the major pillars of the economy of the most populous country in the Arab world. The target was this time the ancient Karnak Temple in Luxor, one of Egypt’s world famous […]
