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Why Russian-Arab Cooperation Forum, due in Morocco, has been postponed?

The postponement of the Russian-Arab Forum that was scheduled in Morocco on Oct.28 has fueled speculation about strained relations between Rabat and Moscow as the move comes after Moroccan flag-carrier has suspended flights to and from Russia due to spike of Covid-19 infections. The Russian embassy in Cairo has informed the Arab League about Moscow’s […]

Tunisia hands Muslim cleric 21-year in prison sentence on terrorism charges

A court in Tunisia has pressed multiple-year prison sentences against four people including a Muslim cleric known as the figurehead of terror cell, on terrorism charges, Webdo Tunis reports. The court ruling came from Tunis Court of First Instance. The prison sentences range from 1 year to 21. The imam of Douar Hicher, a town […]

IFC to invest $100m in Nairobi-listed Diamond Trust Bank to back SMEs hit by pandemic

International Finance Corporation (IFC) will invest 12.18 billion shillings ($100 million) in Nairobi-listed Diamond Trust Bank (DTB) to support small and medium enterprises (SMEs) impacted by Covid-19, Zawya reports, citing Kenyan Wall Street newspaper. The investment will be in senior debt under its Covid-19 emergency response working capital solutions scheme (WCS FIGE). IFC initiated the […]