Buna, the Arab Regional Payment System, has forged a strategic partnership with the global payments technology provider Mastercard in a move to enhance cross-border payments in the Middle East and North Africa (MENA) region, offering faster, more transparent, and cost-effective transactions for businesses and consumers. This private-public collaboration aims to reduce friction in cross-border payments […]
Libya’s National Oil Corporation (NOC) has announced the results of its first public oil and gas bid round in 17 years, awarding exploration and development contracts to five major international companies and consortia. The round offered 20 exploration blocks. Winning entities include a consortium of Italy’s Eni and QatarEnergy; a consortium of Spain’s Repsol and […]
The long awaited 2018 Doing Business report has vindicated Morocco as a shining model in terms of ease of implementing investments in North Africa and controverted Algeria due to its unpropitious business climate. The report invalidates the unfounded statements uttered by Algeria’s foreign minister, Abdelkader Messahel, who claimed that his country ranks first at the […]
