M6-Locodjro

Libyan Cent Bank chief quits Libya to flee militias

Libya’s central bank chief Sadiq al-Kabir said he and other senior bank employees had to flee the country to protect their lives from militias. Few days ago, the bank suspended activity after a senior official was kidnapped by militias. Disrupted central bank activity, which controls billions of hydrocarbons money, has forced oil production to shutdown […]

Tunisia: 1st Sukuk to be issued in September, Finance Minister

“This time there will be no delay and we will issue a $140 million sukuk in September.” These were the words of the Finance Minister Hakim Ben Hammouda. Tunisia announced that it was going to issue a sukuk but the deadline has expired four months ago. The minister has promised that September will be the […]

Libyan Dialogue: Parties reach comprehensive agreement on criteria for positions of sovereignty

The delegations of the Libyan High Council of State and the Parliament of Tobruk have reached an agreement after five days of talks in Bouznika, Morocco. In a joint statement on Thursday, the two parties announced that they reached a comprehensive agreement on the criteria, mechanisms, and objectives for “assuming positions of sovereignty.” Both parties […]