arab-eco-fin

Libya: UNSMIL negotiated Benghazi humanitarian truce ends

The unconditional humanitarian truce in Benghazi negotiated by the United Nations Support Mission in Libya (UNSMIL) between the Islamists and the forces of General Khalifa Hiftar aligned with forces loyal to the Tobruk government has come to an end. It was valid for a period of 12hours and started at 7a.m local time on 19 […]

Leader of Heart of Tunisia party arrested on financial corruption charges

A Tunisian court Thursday ordered the arrest of the leader of the Heart of Tunisia party, Nabil Karoui, accused of financial corruption and money laundering. The business tycoon and former presidential candidate was summoned to provide evidences of the source of over €43 million found in his account following an investigation into alleged money laundering […]

‘Mohammed al-Amoudi freed from detention’- Ethiopian PM

Saudi billionaire Mohammed al-Amoudi who has assets in Morocco and Ethiopia has been released from detention in the Saudi kingdom where he had been held since Nov. 2017 as part of the controversial crackdown on corruption. Ethiopian Prime Minister confirmed on Twitter Sunday the Ethiopian-born billionaire and businessman has been released. “We wish Mohammed al-Amoudi […]