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Egypt: Central Bank blocks transactions with African and Arab banks

There are reports that Egyptian banks have been ordered by the Central Bank to refrain from doing business with some banks in African and Arab countries amongst which are Qatar, Libya, Syria and Sudan. The central bank’s decision is aimed at reducing the scale of money laundering in compliance with the anti-money laundering laws. Several […]

Tunisia: President dismisses Prime Minister amid economic and migration crisis

Tunisian President Kais Saied has dismissed on March 20 Prime Minister Kamel Maddouri less than eight months after his appointment, amid growing economic challenges and a worsening migration crisis. Saied replaced him by Sara Zaafarani, an engineer and former Minister of Equipment. The presidency announced the dismissal through a brief statement on Facebook, without specifying […]

COVID-19: State of health emergency extended in Morocco until Dec. 31, 2022

The Moroccan Government decided this Thursday at the cabinet’s weekly meeting to extend the state of health emergency until December 31, 2022, to continue to ensure the effectiveness and efficiency of measures taken by public authorities to stem the spread of the Covid-19 pandemic. The Government Council examined and adopted a draft decree, presented by […]