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Tunisia: 1st Sukuk to be issued in September, Finance Minister

“This time there will be no delay and we will issue a $140 million sukuk in September.” These were the words of the Finance Minister Hakim Ben Hammouda. Tunisia announced that it was going to issue a sukuk but the deadline has expired four months ago. The minister has promised that September will be the […]

Serraj appoints three militia leaders to top positions amid friction with Interior Minister

Head of the Libyan Government of National Union (GNA) Faiez Serraj has appointed three leaders of militias as commanders of a new security apparatus amid cold war with Interior Minister Fathi Bashagha who wants to dissolve the armed groups. Sarraj has named Abdelghani Belgassim, known as “Ghiniwa Al-Kikli” as the Head of the “Stability Support […]

Renault Cars Made in Morocco Sold in 73 Countries

Managers of Morocco’s Renault factories in Tangier and Casablanca voiced satisfaction at the steady growth of their exports, which target 73 destinations. CEO of Renault’s Morocco group, Mark Nassef said in a press conference that the French car manufacturer exported 303.892 cars made in Morocco in 2016 compared to 256.537 cars in 2015. He noted […]