Starfish fossile

Saudi central bank grants license to two new fintech firms

The Saudi Central Bank (SAMA) Tuesday issued operation permits to “Lean Technologies” and “Mod5r”, two companies which will provide Open Banking Solutions. The permits are in line with the Council of Ministers’ decision in the second quarter of 2022, which provides for the adoption of the Fintech Strategy containing the supreme directive order for the […]

Israeli chargé d’affaires arrives in Rabat to open liaison office

Few days after the Israeli cabinet approved the normalization deal with Morocco, Israeli chargé d’affaires arrived in Rabat to start building its diplomatic network through reactivating the liaison office which has been closed since 2000. David Goverin, who had served as ambassador to Egypt, will serve as a temporary “chargé d’affaires,” the Israeli foreign ministry […]

Morocco foils major smuggling attempts of drugs, illegal migrants & cash

Moroccan authorities have thwarted major smuggling attempts of cannabis, cash, and illegal migrants in separate operations carried out lately in the Northern and Southern regions of the Kingdom. In Agadir, the security services arrested over the weekend seven people, aged between 20 and 57, for their links to an international criminal network of smugglers of […]