North Africa Post
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Related Articles
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 […]
Egypt strengthens naval fleet with U.S and French ships
Egypt has boosted its naval fleet with three military ships from the U.S and France. Two U.S fast missile boats and a French FREMM (European multipurpose frigate) were delivered to Cairo during separate ceremonies. The American embassy in Egypt stated that the ships will contribute towards “ensuring regional security, countering terrorism, and protecting global commerce” […]



