Saudi Arabia, Tunisia Discuss Strengthening Collaboration in Industry and Transport

Saudi Minister of Investment Khalid Al-Falih met in Tunis on Saturday with Tunisian Minister of Transport Rachid Amri. SPA
Saudi Minister of Investment Khalid Al-Falih met in Tunis on Saturday with Tunisian Minister of Transport Rachid Amri. SPA
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Saudi Arabia, Tunisia Discuss Strengthening Collaboration in Industry and Transport

Saudi Minister of Investment Khalid Al-Falih met in Tunis on Saturday with Tunisian Minister of Transport Rachid Amri. SPA
Saudi Minister of Investment Khalid Al-Falih met in Tunis on Saturday with Tunisian Minister of Transport Rachid Amri. SPA

Saudi Minister of Investment Khalid Al-Falih met in Tunis on Saturday with Tunisian Minister of Transport Rachid Amri.
The meeting focused on strengthening cooperation between Saudi Arabia and Tunisia, particularly in the fields of industry, transport, and logistics. Both ministers discussed strategies to enhance investment opportunities in these vital sectors, reflecting the strong relations and shared commitment to fostering economic development.
The meeting was also attended by Saudi Ambassador to Tunisia Dr. Abdulaziz bin Ali Al-Saqr.

Earlier, Al-Falih and Tunisian Minister of Economy and Planning Samir Abdel Hafiz signed a Memorandum of Understanding (MoU) to promote direct investment between the two countries.
The agreement aims to strengthen cooperation by encouraging direct investment and facilitating the exchange of information on systems and regulations governing the investment environment.
The MoU underscores a shared commitment to enhancing economic ties and leveraging mutual opportunities for sustainable growth and development.

During his visit to Tunis, Al-Falih also met with Tunisian Minister of Economy and Planning Samir Abdel Hafiz.
The meeting focused on exploring investment and cooperation opportunities in sectors of mutual interest. Discussions aimed to strengthen economic ties and identify initiatives aligned with the shared goals of fostering growth and development in both nations.
The meeting underscores the commitment of Saudi Arabia and Tunisia to advancing bilateral relations, particularly in economic and investment fields.



Central Bank Chief: Morocco Preparing Law to Allow Cryptocurrencies

Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024. REUTERS/Dado Ruvic/Illustration
Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024. REUTERS/Dado Ruvic/Illustration
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Central Bank Chief: Morocco Preparing Law to Allow Cryptocurrencies

Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024. REUTERS/Dado Ruvic/Illustration
Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024. REUTERS/Dado Ruvic/Illustration

A draft law on cryptocurrencies is undergoing the process of adoption in Morocco, the governor of its central bank, Abdellatif Jouahri, said on Tuesday.

The central bank, known as Bank Al Maghrib, "has prepared a draft law regulating crypto assets, which is currently in the adoption process," Jouahri told an international conference in Rabat.

Bank Al Maghrib was also exploring a central bank digital currency (CBDC), Reuters quoted him as saying.
"Regarding central bank digital currencies, and like many countries around the world, we are exploring to what extent this new form of currency could contribute to achieving certain public policy objectives, particularly in terms of financial inclusion," he said.