saied

Conditions Conducive for Islamic Finance Expansion in Morocco- Al Baraka Bank

Bahrain’s Al Baraka Bank deems that the regulatory framework in Morocco is conducive for the launch of an Islamic finance venture. The Bank’s Chief Executive, Adnan Ahmed Yousif, told Reuters that the Bank targets the expanding Islamic finance in Morocco in effort to diversify assets and revenues in Africa. Morocco is attractive for Islamic banks […]

Morocco, an example in terms of special economic zones – Oxford Business Group

Morocco is leading the way in Africa and the world in establishing new special economic zones (SEZs) and attracting foreign direct investment (FDI), thanks to its higher value-added technology industries, according to a new report by Oxford Business Group. Entitled “How Special Economic Zones are shaping Africa’s industrial landscape”, the report, published last week, states […]

US donates Somalia $9 million worth of weapons, equipment for anti-al-Shabab campaign

The United States has provided $9 million in new military aid to help Somalia’s ongoing campaign against al-Shabab militants, the US embassy in Mogadishu announced. The military equipment handed to the government includes weapons and vehicles and is destined to support the campaign by the Somali National Army to liberate communities from al-Shabab control. It’s […]