China_trade

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 […]

King Mohammed VI launches Ramadan solidarity operation to benefit 600,000 households

King Mohammed VI launched, on Tuesday in the old medina of Rabat, the “Ramadan 1443” national solidarity operation, sponsored by the Mohammed V Foundation for Solidarity, to support vulnerable populations through the holy month of Ramadan. This significant action of generosity in this blessed month of Ramadan reflects the Sovereign’s constant solicitude towards the populations […]

Turkey: Libya will bomb any Turkish jet in its airspace, Ankara reacts

Ankara has replied through its Foreign Ministry to a posting on Facebook threatening to shoot down any Turkish plane that enters Libyan airspace. The account is believed to be used by the Libyan Air Force. Turkish Airlines is the only foreign commercial company that has been flying to the country but announced the suspension of […]