ONMT

Panama suspends diplomatic ties with so-called ‘sadr’

The Republic of Panama decided on Thursday to suspend its diplomatic relations with the self-proclaimed ‘sadr’. “In accordance with the rules of international law, the government of Panama has decided to suspend, as of today (Thursday), diplomatic relations” with the self-proclaimed ‘sadr’, the Panamanian ministry of Foreign Affairs said in a statement. “The Republic of […]

Morocco: Al Amana Microfinance gets $8 Mln funding from IFC to encourage women in business

The International Finance Corporation provides al Amana Microfinance, one of Morocco’s largest micro lenders, $8 Million loan to support smaller businesses, especially those run by women. Under the partnership agreement sealed Wednesday, al Amana will use the money to extend its reach to more micro-entrepreneurs and informal enterprises. At least half of the proceeds will […]

A New Economic Model for Egypt?

At the ongoing conference under the theme “Saving the Egyptian economy, towards an alternative program,” the Al-Tayar Al-Sha’aby party has claimed that they have an alternative economic model to remedy the country’s situation. Hussein Abdel Ghani, a member of the party, criticized “the current state of the country” and blamed the government for “no suitable […]