According to a recent report from Swiss banking group Lombard Odier that surveyed more than 300 high net worth investors in the Middle East, attention to Islamic investments is growing fast. The survey shows that 61% of the respondents say their interest in Islamic assets has increased during the last …

Ahmed Aboul Gheit, secretary general of the Cairo-based League of Arab States, criticized the way the international community has dealt with the Grand Ethiopian Renaissance Dam crisis. Secretary General of the Cairo-based Arab League Ahmed Aboul Gheit recently criticized the way the international community, particularly the UN Security Council, has …

Energy and food imports alongside a growing trade deficit put pressure on Morocco’s foreign currency reserves. The Office des Changes (OC) published its monthly newsletter in early June, indicating a sharp rise in both exports and imports. The newsletter shows that remittances and phosphates were the leading sources of foreign …