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Libyan National Oil Corporation under pressure as Barter System ends
The Libyan National Oil Corporation (NOC) is facing growing pressure to settle its refined oil products import bills as the country’s long-standing barter system comes to an end. While fuel imports continued into Libya in March, the NOC remains unable to pay for these supplies, a situation compounded by the country’s declining oil revenues. The […]
Egypt, Georgia ink agreement to promote investment cooperation
The General Authority for Investment and Free Zones’ (GAFI) CEO Hossam Haiba and CEO of Enterprise Georgia Mikheil Khidureli have signed a memorandum of understanding (MoU) to enhance investment cooperation between the two countries, the Egyptian side said in a statement on Monday. Enterprise Georgia is the corporate body responsible for promoting Georgian investment and […]
New Governmental Coalition Leaves Opposition Numerically Weak in Parliament
The adherence of six parties to the new governmental coalition gave the head of the Government Saad Eddine El Othmani a comfortable majority of 240 seats out of 395, leaving the opposition to liberal PAM with 102 seats. Numerically weak, PAM will be facing a government coalition with a sweeping majority composed of the PJD […]



