Morocco’s central bank will start very soon granting permits to Islamic banks due to start operations in the North African Kingdom in 2017. So far several applications have been submitted to the Moroccan financial authorities for approval to open local branches. Among the applicants, two are from the Gulf region bidding to set up their […]
The Libyan UN-backed unity government is steadily asserting itself as the sole central administration of the war-torn country as it announced Monday it took control of the foreign ministry in Tripoli once in the hands of rival and staunch opposed Islamist administration. The takeover of the foreign ministry adds up to six other ministries already […]
Morocco’s textile and clothes industry represents 15% of the country’s GDP but has been facing fierce competition of Turkish manufacturers that caused many layouts and put several factories out of business, pushing Moroccan professionals to seek a new strategy to boost competitiveness. They mostly blame the free trade agreement signed with Turkey, which has dumped […]
