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Egypt: ITFC earmarks $1.1bn for energy, internal trade funding in 2020
The International Islamic Trade Finance Corporation, IFTC, has allocated to Egypt $1.1 billion destined to fund the energy sector and internal trade in 2020, Egypt Today reports. Minister of Trade and Industry Nevine Gamea who made the announcement said $700 million of the funding will go to the energy sector, and $400 million to internal […]
Two financiers of Moroccan fighters in Syria, Iraq arrested
Policemen arrested on Wednesday two brothers in Meknes for their alleged involvement in the illegal transfer of funds to Moroccan fighters in Syria and Iraq, National Police (DGSN) said Saturday in a statement. Investigations revealed that the two suspects had opened bank accounts to receive funds that they transfered to fighters in Syria and Iraq […]
Russian LNG Tanker Sinks in Mediterranean After Explosions, All Crew Rescued
A Russian liquefied natural gas tanker sank in the Mediterranean Sea on Tuesday evening after a series of explosions and a large fire, authorities in Libya said on Wednesday. The 277-metre vessel, Arctic Metagas, was carrying about 62,000 metric tonnes of liquefied natural gas when it went down roughly 130 nautical miles north of the […]



