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Senegal officially becomes newest oil producer
Senegal’s Sangomar oil and gas field has produced its first oil, operator Woodside Energy said, with the newly elected president Bassirou Faye promising that oil revenue will be “well managed.” Senegal also expected to start producing gas this year in the Greater Tortue Ahmeyim offshore field which it shares with Mauritania. “This is an historic […]
Libya : Benghazi to become Libya’s parliament home
Members of Libya’s General National Congress have voted to move the new parliament from the capital to Benghazi. The government has allocated millions of dollars to the project. The city of Benghazi located in the eastern part of the country is famous for being the focal point of the uprising against Gadhafi but it has […]
National Bank of Oman to exit from Egypt in Q1 2020
National Bank of Oman, NBO, will cease operations in Egypt early next year at the decision of the board of directors. The NBO, registered on the Muscat Securities Market (MSM), has received approval to wrap up activities in Egypt, Mubasher reports. The outlet, citing bourse sources, notes that the closure will take place in Q1 […]



