Tunisia’s constitutional crisis escalates political event risk, dims economic reform prospects – Moody’s

“The absence of a constitutional court in Tunisia increases the risk of a prolonged political crisis, Moody’s Investors Service deemed in an issuer comment at the end of July, reports TAP news agency. This will further slow reform implementation upon which hinge disbursements under the umbrella of an envisioned new IMF loan agreement, according to […]

Libya: UN-Brokered Peace Plan Hits Snag Again

The internationally recognized government of Libya has refused to endorse the UN peace deal offering power-sharing with rival Islamists, prompting serious concerns over future of this North African country and risks of escalation of violence. A spokesperson for the internationally recognized parliament said the Tobruk lawmakers will not sign the agreement to form a unity […]

Libyan olive oil wins three international Awards

The Libyan Export Development Center announced on Wednesday January 1 that Libya secured three prizes in the Al-Ahram International Olive Oil Competition for 2025. A total of 193 olive oil samples from 20 countries participated in the competition. According to the Center’s Facebook post, companies registered in the exporters’ registry won gold and silver medals. […]