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Egypt converts fund into notes, bonds underway
The Governor of the Egyptian central bank, Hisham Ramez, has said that they have converted $2,5billion into 18-month notes and there are ongoing plans to convert an extra $3 billion into three-year bonds. The monies were provided by Qatar as deposits to the bank as part of its efforts to help Egypt overcome its crisis […]
Algeria in Global Watchlist of Money Laundering & Terrorism Financing Countries
The Financial Action Task Force (FATF), a global financial crime watchdog, has included Algeria in the list of money laundering & terrorism financing countries. The FATF has made the decision during its plenary meeting held lately in Paris with the participation of delegates from the FATF’s Global Network of over 200 jurisdictions and observers from […]
Libya: UNSMIL Extended for One Year
The Security Council Thursday extended for one year the mandate of the United Nations Support Mission in Libya (UNSMIL), entrusted with supporting the North African country’s political process and key national institutions, as well as coordination of international assistance. The new resolution, extending UNSMIL’s mandate through 15 September 2018, was unanimously adopted by the Security […]



