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Saudi-sponsored high profile green forums to take place in tandem with COP27
The Crown Prince of Saudi Arabia Mohamed bin Salman announced Thursday that the second edition of the Middle East Green Initiative (MGI) Summit and the Saudi Green Initiative (SGI) Forum will be held in Egypt’s Sharm El Sheikh, in tandem with the UN climate change summit, COP27. The MGI Summit will be held on November […]
Lebanon: the Shi’ite-Sunni crisis revived
The country’s sectarian crisis seems to be deepening as clashes broke out again between the sunnis and shite. Recent events took place in the Palestinian refugee camp of Ain el-Hilweh on the edge of Sidon where majority of the habitants are Sunnis and most of them followers of Sheikh Ahmed al-Aseer. Reports claim that clashes […]
Al Baraka Group Sells its Stakes in BTI to Moroccan Bank of Africa
Bahrain’s Al Baraka Group (ABG), one of the major Islamic banking and financing institutions, announced on Monday that it is exiting from two of its subsidiaries, Bank Al-Tamweel Wa Al-Inma (BTI) in Morocco and Itqan Capital, an investment company in Saudi Arabia. Its 43.6 pc stake in BTI will be sold to Moroccan Bank of […]



