KSA, Libya to lend Tunisia $1bn to surf economic hardship

Saudi Arabia and Libya will provide Tunisia a loan of $500 million each attached with affordable interests to help the North African country to overcome economic woes amid the ongoing political crisis. The news was revealed by Tunisie Numerique, which cited a source knowledgeable of the matter but who asked not be named because not […]

Libya: CBL restores stability and reconnects with international banks

Libya’s Central Bank (CBL) has stabilized operations and reestablished ties with international banks, according to Asim Al-Hajjaji, Director of Compliance. Speaking to Italy’s Nova news agency on September 15, Al-Hajjaji highlighted the bank’s focus on aligning with global regulations and improving transparency. Key efforts include strengthening internal operations and implementing strict measures to combat money […]

Algeria: Who benefits from Tebboune’s absence? Chengriha or his successor?

With lots of speculation and little information on the whereabouts of President Abdelmajid Tebboune, his mysterious lengthy absence starts raising serious questions about possible political manoeuvres taking place behind the scenes of the opaque military-intelligence regime. In an attempt to reassure both Algerian and international public opinion, Tebboune’s ministers are trying hard to keep up […]