Business Finance

Somalia’s banking: Turkish and Egyptian banks issued first post-war licenses

Central Bank of Somalia (CBS) has recently granted its first two foreign banking licenses — to Turkey’s Ziraat Katılım bank and Egypt’s Banque Misr — in decades as the country seeks to rebuild its financial sector and attract international investment. Both state-owned financial institutions were approved by Somalia’s central bank at the start of July. […]

Portrait Profile

Qatar’s ruler Sheikh Tamim bin Hamad Al Thani named the most influential Muslim

Jordan-based “The Muslim 500” has named Qatar’s Emir Sheikh Tamim bin Hamad Al Thani as the most influential Muslim. Sheikh Tamim tops 50 influential Muslim personalities. Saudi ruler King Salman bin Abdul-Aziz Al-Saud, and Iran’s Supreme Leader Ayatollah Khamenei follow respectively 2nd and 3rd. The Jordanian Royal Islamic Strategic Studies Centre, an independent research entity […]

Africa Europe International

Macron’s Africa tour: France seeks to ‘renew relationship’ with continent

French President Emmanuel Macron today (25 July) begins a three-nation tour of western African states in the first trip to Africa of his new term as he seeks to reboot his country’s post-colonial relationship with the continent. Macron’s 25-28 July tour, also the first venture outside Europe of his new mandate, will take the French […]

Asia Headlines International Libya

Turkey to extend military presence in Libya

The office of Turkish president Recep Tayyip Erdogan has presented to the parliament in Ankara a request for an 18-month extension to its military mission in Libya, reports say. Turkey has had military presence in Libya since January 2020 after it signed a maritime and security deal with then ruling Government of National Accord (GNA), […]

Asia Headlines International Libya

Turkey, Russia pledge to end rivalry in Libya

Russia and Turkey Wednesday vowed to collaborate and work towards the stability of Libya where both countries back rival sides. “Everyone must contribute to the full stabilization of Libya,” Turkish Foreign Minister Mevlut Cavusoglu said on Wednesday at a joint press conference with his Russian counterpart Sergej Lavrov in Ankara. “We no longer want competition […]

Asia Headlines International Libya Maghreb

Turkey, UAE pledge to work for Libya’s stability

Turkey and the UAE vowed to leave aside their differences and work for stability in Libya where both countries back opposing sides and governments. This came during a meeting last Friday in Ankara between the two countries’ foreign ministers, Mevlut Cavusoglu and Abdullah bin Zayed. Turkish-Emirati relations have entered a new stage, the Turkish official […]

Asia Business Headlines International Libya

Libyan military signs deal with Turkey for purchase of modern training aircraft

The Libyan army, backed by Tripoli government, has inked a deal with Turkey’s aerospace company (TUSAŞ) for the acquisition of several modern training aircraft of types (Hürkuş-C), Libya Observer reports. The deal was signed on the Libyan side by the Chief of Staff of the Air Force, Major General Muhammad Gojil, in the presence of […]

Asia Headlines International Tunisia

Tunisia summons Turkish ambassador in response to Erdogan’s comments

Tunisia summoned the Turkish ambassador to Tunis over comments by President Recep Tayyip Erdogan criticizing the dissolution of the Tunisian parliament. Erdogan said sacking the parliament was contrary to “the will of the Tunisian people” and a “smear to democracy.” The Tunisian presidency rejected this as “an unacceptable meddling in Tunisia’s domestic affairs.” The Ministry […]

Asia Headlines International Morocco

Morocco detains four allegedly involved in international drug, organ trafficking between kingdom & Turkey

Moroccan police have arrested four people suspected of involvement in an international drug and organ trafficking network operating in particular between Morocco and Turkey, the country’s security directorate DGSN said. The operation occurred in the wake of an investigation after an announcement was published on social media proposing kidney removal “in private clinics abroad for […]

Headlines Libya

300 Syrian fighters contracted by Wagner leave Libya

Russian private military company Wagner has flown out of Libya 300 Syrian fighters back to the Middle East country, Libya Observer reports citing Syrian As-Suwayda 24 News Network. The fighters reportedly left Thursday through Benghazi airport in eastern Libya to the Hmeimim Air Base in Syria. The fighters made up the 42nd Brigade and were […]