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Tunisia & Libya poised to bolster cooperation in oil sector

Tunisia and Libya have discussed ways to strengthen cooperation between the two countries in the oil sector. Assaad Ajili, Tunisian envoy to Libya met with Mustafa Sanalla, head of the Libyan National Oil Corporation (NOC) in Tripoli, NOC said in a statement. The statement said the two men discussed ways of endorsing bilateral cooperation between […]

Lebanese Hezbollah Listed Terrorist Organization in Arab World

Hezbollah, a political party in Lebanon with a military wing, has been declared by the Arab League as a “terrorist group” although two of the organization’s 22members, Lebanon and Iraq, voiced reservations. The resolution was adopted by Arab Foreign Ministers following a similar move by the Gulf Cooperation Council on March 2. Explaining Lebanon’s reservations, […]

Russia, India to move away from US dollar in their trade exchanges with Africa

Trade exchanges between Russia and Africa should move away from the US dollar and be facilitated by transition to national currencies, Russian President Vladimir Putin has said, just as Tanzania and India have inked an agreement establishing a platform by which their bilateral trade will be carried out in their own currencies, not the dollar. […]