Libya: GNC, HoR sign disagreement settlement accord and UN rejected it

Libyan rival factions Saturday signed in Tunis a declaration principle aiming at ending four years of conflict in the oil-rich North African country. The one-off meeting between the General National Congress negotiating committee head by the deputy President of the Tripoli body, Mohammed Awad Abdul-Sadiq and the House of Representatives of Tobruk led by the […]

Morocco emerges as top market for Italian investments, Italian export credit agency says

Morocco has risen to the forefront of global destinations for Italian exporters and investors, according to a recently released report by Italy’s export credit agency SACE, which identifies the country as one of the most attractive markets among nearly 200 surveyed. SACE’s updated metrics place Morocco at 78/100 on the export opportunity index and 68/100 […]

Oil Supply to Continue to Outstrip Demand in First Half of 2017- IEA Says

The global oil glut that has taken a toll on the budgets of many oil producing nations will persist into 2017, as oil supply is expected to continue outstripping demand, the International Energy Agency said in a recent report. The report argues that oil markets will take “a while longer” to rebalance in light of […]