Embassy of the Kingdom of Morocco in Helsinki. Moroccan Banks in Africa. 37.

Tunisia removed from FATF blacklist

Tunisia was officially removed from the Financial Action Task Force (FATF) blacklist, Premier Youssef Chahed tweeted. The FATF decided Friday as part of a plenary meeting (October 16-18 in Paris), to delist Tunisia and said the Tunisian government met its commitments to combat money laundering and terrorist financing, Chahed further said, according to Tunisian news […]

Egypt: MPs Warn against Radical Economic Measures

Egyptian lawmakers have addressed a letter to Prime Minister Sherif Ismail warning against announcing critical economic and financial measures likely to affect the population. The Prime Minister is scheduled to deliver his policy statement speech on February 27 at the National Assembly. They warned that “any shocking measures” that would affect the poor and limited-income […]

Saudi Arabia posts $20.8bn budget surplus in Q2

Saudi Arabia has posted a SR77.9 billion ($20.8 billion) budget surplus during the second quarter of 2022, representing 16 percent increase over the same period last year. The finance ministry said the state’s total revenues during the same period amounted to over SR370.4 billion, up 49 percent year-on-year, while expenditures stood at SR292.5 billion. Oil […]