Abdul Magid Breish, once the undisputed leader of the Libyan Investment Authority (LIA), has warned that the country’s $67 billion sovereign wealth fund should continue to be frozen “until we have total stability.” Four chairmen are claiming to be representing LIA for the past two years but Breish stressed that the two rival governments and armed […]
Libya may lose access to global financial markets if attempts are made to unseat the leadership of the Central Bank of Libya (CBL) by coercion, warned US Special Envoy to Libya Richard Norland. In a post on the “X” account of the US embassy, Norland also stated that disagreements on the allocation of Libya’s riches […]
Morocco has been elected to the presidency of the Center for Mediterranean Integration (CMI) for the period 2021-2024, the Ministry of Economy, Finance and Administration Reform and the World Bank Group announced. “As part of the governance reform of the Center for Mediterranean Integration (CMI) now providing for a rotating presidency among the member countries […]
