EBRD

Tunisia: State of emergency prolonged as UK issues warnings about likely terror attack

President Beiji Caid Essebsi Monday extended the state of emergency for an additional month as of June 5, at the time British authorities warn their nationals and foreign tourists about likely terror attacks in the country and in other Mediterranean states. President Essebsi first decreed the security measure in November 2015, in the wake of […]

BP mulls plans to invest $3.5bn in Egypt over next three years

British Petroleum (BP), an oil and gas global giant, announced Monday August 28 plans to inject $3.5 billion in Egypt for the next three years. BP’s chief executive Bernard Looney made the announcement after meeting with President Abdelfattah al-Sisi. The investments will go towards research, exploration and development, the office of the Egyptian leader announced. […]

Libya to suffer from Tunisia’s ban on vegetables export

Libya will take the brunt of Tunisia’s decision to ban export of vegetables in a bid to curb inflation, Libya Observer has commented as the oil-rich African country accounted for 60 per cent of the foreign market of Tunisia’s vegetable exports. Mohamed Ali Ferchichi, spokesman for Tunisia’s Ministry of Trade, indicated Wednesday that four vegetables […]