EU bank boasts Tunisia support but questions linger
Jean-Luc Revereault, outgoing head of the European Investment Bank (EIB) office in Tunisia, claimed Tunisia remains of great importance to...
Banking
New shipment of Libyan currency lands in Tripoli
The Central Bank of Libya (CBL) have had a shipment of new Libyan banknotes arrive at Mitiga International Airport in...
Lebanon: Central bank bans deals with Hezbollah’s finance wing
The central bank of Lebanon issued an order on July 15th, prohibiting financial institutions from working with entities that are...
Morocco’s banking booms
Morocco’s banking sector is booming, with the nation’s financial stability watchdog reporting net profits of a staggering 24%, reports The...
Morocco’s economy gains momentum with 4.8% GDP growth
With gross domestic product up 4.8% in the first quarter of 2025 compared to 3% in the same period last...
Tunisia’s public banks face $2.3B in unpaid loans
Non-performing loans at Tunisia’s public banks have risen to 6.87 billion dinars (approximately $2.32 billion), reflecting the severity of the...
Algerian Dinar plummets as nation trips into EU’s blacklist
The Euro continues to soar against the Algerian dinar on the nation's black currency market according to TSA-Algerie. A reaction...
Minister stops Israeli banks from working with Palestine
The Israeli finance minister has blocked a waiver which enables his nation's banks to work with Palestinian banks, which could...
Algerian Union Bank expands in Mauritania
The Algerian Union Bank (AUB) is set to open its third branch in Zouérate this June, continuing its expansion in...
France backs Morocco’s south with major €150M investment
Investments worth an estimated 150 million euros are set to be implemented in Morocco's southern provinces by the French Development...
Souaid takes helm of Lebanon’s troubled banking sector
Karim Souaid formally took office as Lebanon’s new central bank governor on April 4th, pledging to combat money laundering, curb...
Bank of Lebanon pledges crackdown on corruption
The Bank of Lebanon will aim to dismantle the corruption of the shadow economy by tackling money laundering and the...
Lebanon appoints Souaid as central bank governor amid dispute
According to the Moroccan government-friendly Ataylar, Lebanon elected a new central bank governor, sparking the first public disagreement between President...
Lebanon will lose aid grant without financial reform, EU says
The EU will not issue 500 million euros of aid to Lebanon unless the nation restructures its banking system, according...
IMF’s bank coalition aims to aid war hit countries
A new coordination group focusing on Palestine, Syria, and Lebanon was established by the International Monetary Fund (IMF), World Bank,...
