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Abu Dhabi Islamic Bank plans Morocco and Algeria expansion

Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest shariah-compliant lender, is planning expansion in Africa markets to tap demand in countries with a large Muslim population. In Africa, The bank has “looked closely” at Algeria and Morocco, Chief Executive Officer Tirad Mahmoud told reporters. “We are actively visiting locations where we may be […]

Libya: Will International Community Intervene Again?

Four years after they helped the Libyans oust the despotic regime of Gaddafi, many western capitals are now considering the possibility of acting again to stop the extremist groups from taking hold of this North African country. Few days ago, some Libyan Islamic radical fighters linked to Isis beheaded 21 Egyptian Coptic Christians, prompting worldwide […]

Arab-Japanese Ministerial Dialogue Hails Moroccan King’s Presidency of Al-Quds Committee

The Arab-Japanese Ministerial Dialogue, whose 3rd session wrapped up Tuesday in Cairo, hailed the presidency of King Mohammed VI of Al- Quds Committee. The joint declaration issued at the end of this ministerial meeting underlines the need to achieve a just, lasting and comprehensive peace in the Middle East, which would resolve all permanent status […]