Moroccan flag over Djemaa El Fna Square in Marrakech, Morocco

Turkey: Assessing the Black Sea’s hydrocarbon potential

During a news conference at the Turkish capital, the Chief Executive of Shell announced that oil exploration and production possibilities are being analyzed in the Black Sea by the TPAO, a state owned Turkish oil firm, and Royal Dutch Shell (RDSa.L). TPAO and Shell signed an agreement last year concerning the exploration and production of […]

Interpol & EU Help Libya Improve Border Security

Interpol and the European Union have agreed with Libyan authorities to set up a real-time passport control capacity at Tripoli International Airport to help Libyan government improve border security. The project, that costs about € 2.2 million, is funded by the EU’s Instrument for Stability. It will enable the Libyan law enforcement and control authorities […]

Egypt Gets $6 M from IFC to Promote E-Payments

International Finance Corporation (IFC), a member of the World Bank Group, has announced $6 million investment in Fawry, Egypt’s leading electronic payment provider, in an effort to promote financial services and encourage economic development across the country. IFC’s investment will help Fawry embark on expanding its network of payment terminals across the country to make […]