After years of loose monetary policy, with 0.5 percent interest rate and three consecutive waves of quantitative easing (QE), including buying US$ 85 ...
Time is right for business in Tunisia
Despite Tunisia’s political turbulences and incertitude, some experts believe that it is the right moment to venture into the North African country an...
Tunisia introduces austerity measures
The government has revealed that it will introduce austerity measures to curb its budget deficit. Finance Minister Elyes Fakhfakh’s announcement could...
Libya to use its financial reserves before November
Finance Minister Alkilani Abdelkarim al-Jazi has warned that the blockage of oil ports should come to an end as soon as possible because the finances ...
Egypt: Get paid as you drill and explore
The Egyptian government wants to bring the country back on its feet and has decided to add to its priorities the payment of oil debts to foreign compa...
Algeria-Britain broaden economic partnership
Algeria has taken the opportunity to renew its desire of establishing a strong bilateral cooperation with Britain. David Cameron, Great Britain’s Prim...
Tunisia: Central bank warns of worst economic downfall
The Tunisian central Bank has added its voice to the ongoing political crisis. It is worried that if the political parties don’t find a solution to th...
Libya: Oil port demonstrators wants Federalism
Oil Minister Abdelbari al-Arusi has presented the serious situation that the government is faced with, since the lockdown of its oil ports by armed de...
Egypt: EGPC to convert petroleum debts into bonds
Authorities overseeing the Egyptian General Petroleum Corporation (EGPC) are considering the conversion of their debts of more than $5 billion into bo...
Algeria: Energy and Mines Minister discusses strategy with ENI
Algeria’s Energy and Mines Minister, Youcef Yousfi, held a closed door meeting with Eni’s Chief Executive Officer, Paolo Scaroni, to discuss the Itali...