Egypt Strives to Attract Foreign Investment

The Egyptian government is putting the final touches on new foreign direct investment (FDI) council to be launched very soon in a bid to drain more foreign capital needed by the North African country to support its battered economy. President Abdel Fatah al-Sisi has given green light for setting up a Higher Council for Investment. […]

The Netherlands condemns hostile acts against Morocco’s national symbols, promises firm action against perpetrators

The Dutch government, on Tuesday, condemned the recent incidents at the Moroccan consulates in Den Bosh and Utrecht and promised to take all security and judicial measures against the perpetrators of such hostile acts against Morocco’s national symbols. “These acts are unacceptable,” said Dutch Foreign Minister Stef Blok in response to questions from MP Martijn […]

Libya: NOC Chairman orders Sharara oilfield to remain closed

Mustafa Sanallah, the Chairman of Libya’s National Oil Corporation (NOC), which manages the North African country’s oil exploitation, Sunday said the Sharara oilfield in the South remains shut down because of the presence of armed forces. The Sharara oilfield, Libya’s biggest, has come to a standstill since December after some armed groups seized it to […]