King Mohammed VI Orders Repatriation of Moroccan Nationals from Wuhan Province

King Mohammed VI chaired, Monday at the Royal Palace in Rabat, a working session devoted to the situation of Moroccan citizens in the Chinese province of Wuhan, quarantined by the Chinese authorities because of the coronavirus, and ordered their repatriation, said the Royal Office in a statement.   About one hundred Moroccan nationals, mainly students, […]

NOC transfers $8bn to GNU administration

Libya’s National Oil Corporation has transferred $8 billion to the count of the Finance Ministry of the Government of National Unity (GNU) of Prime Minister Abdul Hamid Dbeibeh who has refused to give up power despite his removal by the country’s parliament. The funds, into two installments, have been sent to the Central Bank of […]

Islamic finance booming in South East Asia

According to a report published by Ernst & Young’s Global Islamic Banker of Excellence, global demand for Islamic bonds could triple to $900bn by 2017. This expected rise is partly driven by the fact that conventional investors look to securities backed by tangible assets. South East Asian economies, especially Malaysia is pushing to play the […]