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Cyprus, Egypt, Greece to Reinforce Maritime Security Cooperation

The defense ministers of Egypt, Cyprus and Greece vowed to step up cooperation in combating drug, weapons and human trafficking in the East Mediterranean and to share information on countering the threat of terrorism. The Ministers also announced the setting up of a coordinating body to oversee joint special forces drills geared toward protecting vital […]

EBRD expects Morocco’s growth to reach 3.1 % in 2023

The European Bank for Reconstruction & Development expects Morocco’s economic growth to reach 3.1 % up from the 1.3 % recorded in 2022 when a drought compounded the adverse impact of tighter global financing conditions. According to the Bank’s Regional Economic Prospects report released Wednesday, the forecast does not incorporate the effects of the powerful […]

Libya Says Russian Gas Tanker Sinking Does Not Disrupt Fuel Supply

Libya’s National Oil Corporation (NOC) says the sinking of the Russian gas tanker Arctic Metagas off the Libyan coast has not disrupted oil and gas supplies or fuel distribution in the country. The Cotrporation stressed in a statement that tanker traffic at Libyan Ports continues to operate normally.   The NOC explained that the vessel […]