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Morocco’s Bank of Africa launches major initiative supporting small businesses

Bank of Africa has unveiled a comprehensive campaign to strengthen its position as the primary financial partner for Moroccan entrepreneurs, aligning with national efforts to revitalize the country’s small business sector and entrepreneurial ecosystem. The initiative responds to coordinated government programs led by Bank Al-Maghrib, Regional Investment Centers, and the Employment Ministry, all aimed at […]

Libya: Arrest warrant against Presidential hopeful Saif Al-Islam Gaddafi for murder

Libya’s military prosecution office has ordered the arrest of Saif Al-Islam Gaddafi, son of former leader Muammar Gaddafi, on the charges of murder and recruitment of foreign mercenaries. The arrest warrant which circulated on social media this week, appeared to have been issued by the prosecution office deputy Mohammed Gharouda, on August 5. The arrest […]

Closure of Morocco’s Samir Refinery Propels BP to Pay $68 Million to Abu Dhabi Bank

The London High Court ruled that the British Energy company, BP, pays $68.9 million to the National Bank of Abu Dhabi (NBAD) in a case originating from the sudden closure of Morocco’s Samir refinery in 2015. BP “sold a cargo of crude to Samir in August 2014 which was not paid for and NBAD took […]