First Independent Mena Newspaper
As expected, Morocco’s Central Bank has finally given its green light to five Moroccan banks to set up Islamic banks – known locally as participative banking- and allowed three banks to sell Islamic products. The regulatory approvals concern the three major Moroccan banks Attijariwafa Bank, BMCE of Africa and Banque Centrale Populaire (BCP), and two […]
“The National Defense Council agreed to prolong the participation of (Egyptian) troops engaged in a combat mission” in the Gulf, the Red Sea and the Bab al-Mandab Strait, a statement released by the Egyptian presidency announced. This is the second time Cairo is renewing its engagement with the Saudi-led coalition and the announcement came barely 48hours […]
President Abdel Fattah El-Sissi will be meeting King Abdullah of Saudi Arabia for the second time since he became the Egyptian Head of State but it will be the first time he sets foot in Saudi Arabia. The meeting is expected to be fundamental. Egyptian diplomats disclosed that the visit which is part of the […]