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Turkey: Erdogan highlights interrelation between Ankara and Kuwait City

Ahead of his two-day visit to Kuwait that will begin on Monday, President Erdogan said ties between the two countries are “strengthened by their common culture and by sharing the same religion” as he pointed out that their stability, prosperity and peace are interrelated. The Turkish president is hoping to boost commercial relations between them […]

Morocco declares end of CMI card-payment monopoly after market reforms

Morocco’s central bank and competition regulator said reforms have ended the long-standing dominance of the Centre Monétique Interbancaire (CMI) in the country’s bank-card payment market, opening the sector to new operators and lowering costs for merchants. Morocco has completed the transition from a market where CMI was the sole provider of merchant card-acquiring services to […]

Egypt, Sudan to hold ‘Guardians of the Nile’ joint military drill May 26-31

Egypt and Sudan will hold a joint military drill dubbed Guardians of the Nile amid crisis over Renaissance Dam project by Ethiopia. Land, air and sea forces of both countries will take part in the drill scheduled May 26-31, Middle East Monitor (MEMO) reported citing the Sudanese army. The joint drill aims to exchange military […]