IS group in Sahel

Africa-CARICOM Summit: Royal Atlantic Initiative embodies active, united South-South cooperation

The Royal Atlantic Initiative, a concrete example of effective South-South cooperation between Africa and the Caribbean, was highlighted during the 2nd Africa-CARICOM (Caribbean Community) Summit. Speaking at the Summit, held in Addis Ababa this Sunday sept.7, Morocco’s Ambassador and Permanent Representative to the African Union and the UN Economic Commission for Africa, Mohammed Arrouchi, emphasized […]

Egypt Tightens Control on Money Laundering

Plans are underway to enhance struggle against money laundering in Egypt through the issuance of personal certificates for Islamic Sukuk bonds. The plans were designed at the request of the head of the Financial Supervisory Authority in Egypt, Ashraf al-Sharqawy, who argued that such certifications will prevent money laundering. During a meeting with members of […]

Sweden’s SKF Invests $4.9 Mln in Factory in Morocco

SKF, the world’s biggest bearings maker, announced on Monday a $4.9 million investment earmarked for building a manufacturing site in Tangier in Morocco. The Swedish company said the plant will enable it to meet growing demand for magnetic bearings used in turbomachinery and other high-speed applications, including hydrogen gas liquification and for oil-free industrial compressors. […]