bank-al-maghrib

Saudi PIF’s SRC inks 133mln real estate financing deal with Riyad Bank

The Saudi Real Estate Refinance Company (SRC), wholly owned by the Public Investment Fund (PIF), has signed an agreement with Riyad Bank to acquire a SR500 million ($133.13 million) real estate financing portfolio, reports say. Fabrice Susini, CEO of SRC and Tareq Al-Sadhan, CEO of Riyad Bank signed the deal in the presence of of […]

Religious Freedom: U.S. State Department to Add Algeria to its Special Watch List

The U.S. Commission on International Religious Freedom has urged the U.S. Department of State to include Algeria on its Special Watch List for engaging and tolerating severe violations of religious freedom. In recent years, Algerian authorities have shown more hostility towards religious minorities, forcibly closing dozens of Protestant churches and prosecuting Ahmadiyya Muslims for gathering […]

Polisario threatens to sap UN peace efforts in Sahara

Polisario militia leader Ibrahim Ghali has bluntly announced that his men are ready to sap the UN peace process by threatening to block Morocco’s border crossing with Mauritania known as El Guerguarat, adding in a pitiful monologue that the separatist group was ready to go back to war. The very fact of sending armed men […]