4th committee

Gabon launches 3rd airline to fly oil & gas companies’ staff

Gabon’s civil aviation, ANAC, has issued an operation permit to Gabon Aero Solutions, a private airline using helicopters, to transport personnel of oil and gas companies operating in the central African country. Christophe Lacombe, a helicopter pilot, is the project director. Based in capital Libreville, the company is launched with private capital gathered from Gabonese […]

Morocco’s central bank asks banks to freeze distributing dividends

Morocco’s Central Bank, known as Bank Al Maghrib, asked banks not to pay 2019 dividends to shareholders in order to boost their capacity to dealing with the coronavirus repercussions. This recommendation comes after a series of measures including boosting three-fold bank’s refinancing capacity and measures to make loans more accessible for households and companies, the […]

Egypt mends diplomatic ties with Tunisia

Egypt has decided to send its ambassador back to Tunis after recalling him due to comments made by President Moncef Al Marzouqi. Cairo alleged that Presdient Moncef’s speech at this year’s United Nations General Assembly calling for the release of Mohammed Morsi from custody was interfered with their internal sovereign affairs. The announced return of […]