Libya to pay Kharafi $930 million in damages
The M.A Kharafi and Sons group, owned by one of Gulf state’s biggest merchant families, will be receiving $930 million in damages after the cancellation […]
Libya
Egyptian pound settles for a another new record
The Egyptian pound has strike a new low against the US dollar, after official exchange rates reached LE7, a rate unseen since 2003, in commercial […]
Libya wants credit ratings return
The governor of Libya’s central bank, Saddek Elkaber, has revealed they are engaged in talks to have the country’s credit rating by Standard & Poor’s in […]
Libya promotes art as a symbol of hope
The Libyan Movie Awards, the first of its kind, organized by the European Union in partnership with the Italian Cultural Institute and NGO Libya, has […]
The sinking of Egypt’s currency
The Egyptian pound is still going through its worst period after reaching a new all-time low against the United States dollar at an average of […]
Libya has too much oil for OPEC
The Libyan Oil Minister has announced they will be pushing for an increase of the quota allocated to the country at the Oil and Gas […]
Libya: Growth pegged at 3% after production rise
The economy minister has forecasted a growth of 3% in 2013 after the country reached the post uprising era level of production. His prospect is […]
Libya, Egypt & Sudan Mull Setting Up Mining Fund
Libya, Egypt & Sudan are considering the possibility of setting up a joint mining fund destined to finance projects in Arab countries and to study […]
Libya’s government running out of option
With oil companies already complaining about their production being affected by the frequent strikes of their employees, another shooting has taken place at different fields […]
Morocco Pays The Price For Its Democratic Efforts
The Gdeim Izik trial was conducted according to the law, under the watch of observers whose reports stated that Morocco respected the rule of law. […]