Following the verbal blunders uttered by Algerian Foreign Minister, Abdelkader Messahel, who blatantly accused Moroccan banks of laundering cannabis money in Africa, the Professional Grouping of Moroccan Banks (GPBM) released a statement rejecting such accusations as “hateful and irresponsible”. The diatribe against Morocco that the Algerian Foreign Minister shamefully made during a meeting at the […]
A deal has been reached for the acquisition of Al Rashad Finance and Management Advisory JSC (Rashad) together with its business, operations and financial services license by Arqaam Capital. Rashad which was established in the beginning of the year will now be operating under Arqaam Capital Libya and help clients of Arqaam’s regional network participate […]
Al-Shabab has been on a gradual retreat in Somalia since the announcement of a “total war” against the al-Qaida-affiliated militant group by Somali President Hassan Sheikh Mohamud in August 2022, and, according to experts, this could be the beginning of al-Shabab’s end. Mohamud announced the “total war” against the group days after it staged a […]
