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International Media Investments on Monday announced a new partnership with CNN to launch a dedicated digital business platform from the Middle East and North Africa region for Arabic speakers around the world, Arab News reports. The channel will be launched Read more
Jeddah-based Islamic Development Bank (IsDB) has opened its first regional headquarter in Cairo, Egypt, Arab Finance reports. The bank made the announcement in an email press release seen by the media, following the 2022 Annual Meetings, which was held in Read more
New York-headquartered multinational investment Management Corporation is considering to hike its investment in Egypt after it launched a $673 million climate-focused infrastructure fund, Reuters reports. The Arab republic, David Giordano, global head of renewable power at BlackRock Alternative Investors has Read more
The Arab Monetary Fund, AMF, has allocated a credit line worth $282 million to Egypt to help the Arab republic implement economic and financial reforms and overcome various challenges, the financial institution said in a statement. The Abu Dhabi-headquartered organization Read more
King Mohammed VI of Morocco chaired Tuesday at the Royal Palace in Casablanca, the first meeting on the giant gas pipeline project that will go up from Nigeria to Morocco via several West African countries. This landmark project, the biggest Read more
After his successful visit to Rwanda, King Mohammed VI started Sunday an official visit to Tanzania, 2nd leg of an African tour that will lead the Sovereign also to Ethiopia. This important trip to Eastern Africa aims to give a Read more
Iraq’s Central Bank Governor Ali Moshen Ismail highlighted that the nation’s foreign currency reserves will surpass the forecasted $50 billion for 2015 by the International Monetary Fund (IMF) by $10 billion without going into details. In spite of the expected Read more
Tunisia’s central bank, for the first time since the end of the Ben Ali regime, has cut interest rate by 0.50% because inflation has dropped. It hopes that the decision will contribute to reviving economy and attracting foreign investment. A Read more
The Iraq government and the World Bank signed on Sunday an agreement allocating the Iraqi government $350 million loan destined for rebuilding cities taken back from ISIL. The Word Bank loan will help the Iraqi government, which is facing an Read more
Al Jazeera Finance (AJF) is actually the most ancient and biggest consumer finance company in Qatar. Its main activity is to create consumer financing opportunities in Qatar by trying to improve the access to finance for retail customers. That is Read more