Libya, bank of commerce & development

Germany’s Bundesrat Refuses to Categorize Morocco, Algeria & Tunisia as ‘Safe Countries’

The Bundesrat, the upper house of the German Parliament, has refused to classify Morocco, Algeria and Tunisia as “safe countries of origin”, which entails that migrants from the three Maghreb countries cannot be deported. The UK paper, the Daily Express, reported that Thomas de Mazière described the Bundesrat decision as “incomprehensible” after the lower parliament […]

Egypt mull plans to list SCA companies on Cairo stock market

The Suez Canal Authority (SCA) is considering listing three companies on the Egyptian Exchange (EGX) by the end of the year, Chairman of the SCA Osama Rabie said. Rabie, in an interview with Al-Arabiya, said that studies are underway with the finance and investment ministries and that the chosen companies are those that achieve the […]

EU increases aid to Morocco for struggle against illegal immigration by 50%

The European Union has decided to increase its aid to Morocco for struggle against illegal immigration by 50%, granting the North African Kingdom €500 million, according to Spanish daily El País. This aid, covering the period up to 2027, is double that of the previous period that amounted to €343 million. According to a EU […]