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Libya: Principal state firms transferred to Benghazi

Three important state firms will have their headquarters moved from Tripoli to Benghazi in the drive to give the eastern city more authority. According to a government decree, Libyan Airlines, Libyan Insurance Company and the National Investment Company, as well as the Tripoli-based National Oil Corporation (NOC), will be transferred. The decree has to be […]

Sudan teeters on brink of genocide amid mounting civilian deaths and foreign meddling

The United Nations has warned that Sudan faces a “very high” risk of genocide, as the civil war between the Sudanese army and the paramilitary Rapid Support Forces (RSF) continues to devastate the country. Senior UN official Virginia Gamba highlighted ethnically motivated attacks by the RSF and allied militias against groups like the Zaghawa, Masalit, […]

Qatar Petroleum Acquires 30% Interests from Chevron Morocco

Qatar Petroleum has taken 30% participating interest from the share of Chevron Morocco Exploration Ltd in three deep-water offshore leases located 200 km to the North West of Agadir’s coast. This acquisition came following a deal signed last February and approved by the Moroccan government, said Telquel magazine. Under the agreement, Qatar Petroleum will acquire […]