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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 […]
South Sudan’s disrupted oil exports due to Sudan’s civil war could escalate insecurity
The disruption of oil exports from South Sudan after one of its key oil pipelines to international markets was damaged in February could further escalate already acute level of violence and in security in the country, experts have warned. South Sudan depends on its northern neighbor Sudan to export its oil, but Khartoum has recently […]
5+5 Defense Initiative: Steering Committee meets in Morocco ahead of Defense Ministers gathering
The Steering Committee of the “5+5 Defense” Initiative started this Wednesday, in Rabat, a two-day meeting to discuss preparations for the upcoming gathering of the Defense ministers of member countries due Dec.16 in the Moroccan capital. The representatives of France, Italy, Libya, Malta, Mauritania, Morocco, Portugal and Spain are taking part in the steering committee […]



