An International Monetary Fund (IMF) mission is scheduled to arrive in Cairo in early December 2025 to conduct the fifth and sixth reviews of Egypt’s $8 billion Extended Fund Facility (EFF) and the first review under the $1.3 billion Resilience and Sustainability Facility (RSF), according to Julie Kozack, Head of the IMF’s Communications Department. Speaking […]
Libya’s National Oil Corporation (NOC) Sunday said it won in appeal against Libyan-Emirati Oil Refining Company (LERCO) with respect to the Ras Lanuf Refinery dispute dating back to January 2018. NOC on Facebook said Paris Court of Appeal ruled that LERCO will pay over $115 million, plus benefits. The amount, including the benefits as […]
Gambia’s President Adama Barrow has sent a written message to King Mohammed VI. The message was handed over by Gambia’s foreign minister Mamadou Tangara to his Moroccan peer Nasser Bourita during a meeting held Tuesday in Rabat. In a press statement, Mr. Tangara stressed the importance of holding regular consultations between the two countries on […]
