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Libya: MP & vocal critic of Haftar abducted in Benghazi

A member of Libya’s House of Representative, HoR, and her daughter have been kidnapped in the eastern city of Benghazi and taken to an unknown location by forces loyal to rebel commander Khalifa Haftar.   Siham Sirgiwa’s kidnapping is viewed as an apparent punishment for her criticism of the eastern military commander’s current offensive on […]

Moroccan government, central bank at odds over inflation

Morocco’s central bank and the Moroccan government are pursuing policies that are triggering opposite impacts on inflation. As the central bank tightens its monetary policy by raising the key interest rate for the third time in a row to 3%, the government continues its expansive budgetary policy in line with its goals to spur private […]

Egypt-KSA: Cairo to receive Riyadh assistance to ease economic suffocation

Saudi Arabia will invest around $ billion and offer oil assistance to Egypt in a bid to help al-Sissi’s country ease its economic uneasiness, reports say. The decision was made following the visit on Tuesday of the Saudi Prince and Minister of Defense Mohammed bin Salman in Egyptian capital Cairo. Saudi news agency quoting the […]