Algerian Minister of Territorial Development, Tourism and Handicrafts announced Monday in Algiers the launch of 2,500 tourism projects in 2016 in a bid to strike balance between offer and demand in the tourism industry. Speaking at a national seminar on tourism agencies’ activities, Amar Ghoul indicated that the 2016 plan is meant to promote tourism […]
A French court Monday ruled in favor of the Libyan side which claims ownership of late Gaddafi’s luxurious plane also claimed by a Kuwaiti group to which the former Libyan regime owes millions of euros. The Airbus A340 plane was seized by the Kuwaiti al-Kharafi conglomerate following a ruling of a Cairo court in 2013. […]
Egypt could secure up to $10 billion from the International Monetary Fund (IMF) by agreeing to a structural reform program, the central Bank said on Monday. The announcement follows an earlier comment by a cabinet minister on Monday that Egypt had last week started negotiations with the IMF for a $5 billion loan. Since the […]
