First Independent Mena Newspaper
Bahrain’s Islamic Bank, Al Tamweel wa Inma (BTI) Bank, which opened lately its headquarters in Casablanca, looks forward to setting 37 branches by 2022 in various cities of Mo-rocco. The BTI Bank has been launched following the partnership sealed by Al Baraka Banking Group (ABG), the leading multi-national Islamic Banking Group, headquartered in Bahrain, and […]
The United Arab Emirates (UAE) has retained its rank as the Arab country with the most powerful passport in the Middle East on Passport index with a score of 126. The rankings published by Arton capital places the gulf country in the 26th position on the global rankings. Emiratis can visit 126 countries on visa-free […]
The Minister of Foreign Affairs of Bahrain Sheikh Khalid Bin Ahmed Al-Khalifa has voiced his country’s full backing for a final solution to the Sahara issue under the Moroccan sovereignty. Addressing the UN General Assembly convening in New York, the top diplomat of the oil-rich Gulf country stressed “the need to support the negotiations aimed […]
Bahrain’s Al Baraka Bank deems that the regulatory framework in Morocco is conducive for the launch of an Islamic finance venture. The Bank’s Chief Executive, Adnan Ahmed Yousif, told Reuters that the Bank targets the expanding Islamic finance in Morocco in effort to diversify assets and revenues in Africa. Morocco is attractive for Islamic banks […]
Egypt Thursday called for an UN Security Council inquiry into accusations that Qatar allegedly paid around $1 billion as ransom to a terrorist group in Iraq to secure the release of 26 Qatari hostages, including members of the royal family, egyptindependent.com reports. Egypt’s call came on the backdrop of the rift in relations between Qatar […]
Morocco’s flag carrier, Royal Air Maroc, said that it maintains its five weekly flights to Doha although it cancelled flights transiting through Doha Airport to Saudi Arabia, the UAE, Bahrain and Egypt. The announcement was made on the backdrop of an unfolding crisis after several Arab countries, including Saudi Arabia, the UAE and Egypt cut […]
Mauritania has joined its voice to the Arab nations that cut off diplomatic ties with Qatar, which they accuse of supporting terrorism and sidelining with Iran. “The state of Qatar has linked its policies … in support of terrorist organizations and the propagation of extremist ideas,” the Mauritanian news agency said relaying a statement of […]
Morocco said that it is following the developments in the rift between Qatar and six Arab countries -Saudi Arabia, Egypt, Bahrain, the United Arab Emirates, Libya, and Yemen— which severed their relations with Qatar on Monday over its alleged support of terrorism. “Morocco is closely following the unfolding of events in the Gulf countries and […]
Qatar airways has announced it is canceling all its flights to the United Arab Emirates (UAE), Bahrain and Egypt as of Tuesday after these countries along with Saudi Arabia banned Qatari aircrafts from using their air spaces. The airline has been caught in the diplomatic row between Qatar and its neighbors, which accuse the gas-rich […]
Countries of the Gulf Cooperation Council (GCC) offer an alternative market that may reduce Morocco’s dependence on exports to Europe, the Moroccan finance ministry said in a study. The study highlights the promising prospects for fisheries exports to the GCC countries and shows the rising fisheries consumptions trends in these countries. The study notes that […]