Despite the surging interest, Libya continues to close its door to foreign banks on the basis that the legal framework is still under preparation. One of the latest banks to have its request rejected on numerous occasions by the Libyan Monetary Authority (LMA) is the National Bank of Egypt (NBE) according to reports. The NBE […]
Brazil and Morocco signed a deal to share military technology as the North African Kingdom seeks to develop its own defense industry. The agreement was raised during the visit Moroccan Foreign Minister Nasser Bourita paid to Brazil last week, the Brazilian foreign ministry said on twitter. The deal reflects Morocco’s ambition to develop a local […]
Kuwait has extradited a group of eight Egyptians suspected of having ties with the Muslim Brotherhood movement, outlawed by the Egyptian government as a terror entity. The Gulf country’s deputy foreign minister Khaled Al-Jarallah told state-run news agency KUNA that the handover was in line with the extradition deal between two countries. The men, according […]
