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UN rejects Libyan Parliament’s appointment of new Prime Minister
The United Nations Thursday rejected the appointment of former Interior Minister Fathi Bashagha as the country’s new Premier in replacement of the incumbent Abdul Hamid Dbeibah by the parliament, Al Wasat news outlet reports. The state legislature headquartered in Tobruk according to its spokesman Abdullah Belhaq voted unanimously to appoint Bashagha and granted him confidence. […]
Morocco maintains expansionary budget despite pressure on public finances
Morocco’s public finances are under unprecedented pressure due to imported inflation and its impact on the cost of state subsidies. But despite the impact of geopolitical tensions on the state budget, the government maintains its expansionary budget which has increased funding for social services. Morocco has adopted an ambitious development model to bolster the competitiveness […]
Algeria’s Sonatrach signs $1 billion gas plant deal
India-based conglomerate Larsen & Toubro has signed an agreement with Algerian state-owned Sonatrach to develop three new gas treatment and compression plants on pre-existing gas fields in the North African nation. The agreement comprises detailed engineering studies, supply management of materials for the construction, trials and commissioning, training of personnel and operational assistance. The plant […]



