Mohamed Abdelkrim Raied, chairman of the Union of Libyan Chambers of Commerce

King Mohammed VI represented at Pope Francis’s funerals by Head of Government

King Mohammed VI was represented by Head of the Government, Aziz Akhannouch, at the funerals of Pope Francis, which took place on Saturday morning in St. Peter’s Square at the Vatican. After the funeral mass, Pope Francis’s coffin was transported to the Basilica of St. Mary Major, in the heart of Rome, where he had […]

Egypt: Central Bank blocks transactions with African and Arab banks

There are reports that Egyptian banks have been ordered by the Central Bank to refrain from doing business with some banks in African and Arab countries amongst which are Qatar, Libya, Syria and Sudan. The central bank’s decision is aimed at reducing the scale of money laundering in compliance with the anti-money laundering laws. Several […]

Egypt takes delivery of second Germany-built MEKO A-200 frigate

The Egyptian Armed Forces received Monday a MEKO A-200 frigate, a second frigate built by Germany, several months after taking delivery of the first out of 4 ordered. The military vessel dubbed Al-Qahhar by the Egyptian Navy was built by German shipbuilder Thyssenkrupp Marine Systems (TKMS) at SBN Shipyard. Commander of the Egyptian Navy Ashraf […]