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Libya: Clashes in Janzour expose fragility of security deal

Heavy clashes broke out on Sunday in Janzour, west of Tripoli, between rival armed groups affiliated with Prime Minister Abdul Hamid Dbeibah’s Government of National Unity (GNU). Fighting erupted after Mahmoud Boujaafar’s Joint Force stormed the Sixth Brigade headquarters led by Munir Al-Sweih, sparking a counterattack with medium and heavy weapons. The violence forced the […]

Morocco declares end of CMI card-payment monopoly after market reforms

Morocco’s central bank and competition regulator said reforms have ended the long-standing dominance of the Centre Monétique Interbancaire (CMI) in the country’s bank-card payment market, opening the sector to new operators and lowering costs for merchants. Morocco has completed the transition from a market where CMI was the sole provider of merchant card-acquiring services to […]

Egypt: The E.U warnings… if democracy fails

Egypt has received warnings that the European Union (EU) would stop its aid package of €5 billion if its reforms for democracy fail to be effective. In the European Union’s latest report, the European Commission was unsatisfied with the progress Egypt has registered since the elected government took over. EU has already cut some of […]