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Egypt, Libya to ban trade of non-Egypt-made drugs

Libyan and Egyptian authorities have reached an agreement to ban the trade of pharmaceutical drugs, other than Egyptian-made, in Libya, ‘Libya Observer’ reports. The move came following a request by the Egyptian Customs Authority to the Libyan Finance ministry to allow only the entry of Egyptian-origin medicine through the Salloum border crossing with Libya. The […]

Shell to divest its South Africa’s downstream business

Shell said it will ditch its downstream business in South Africa by divesting its shares in a local company, ending 120 years of operations there. “Shell has decided to reshape the downstream portfolio and intends to divest our shareholding in Shell Downstream SA (SDSA). Considering SDSA’s illustrious history, this decision was not taken lightly,” the […]

France recalls ambassador to Burkina Faso after Ouagadougou ordered pullout of troops

France’s Foreign ministry Thursday said it has recalled its ambassador to Burkina Faso amid diplomatic tension after the government of the West African country ordered Paris to remove its troops from its soil in rejection of 2018 military agreement between the two countries. “In the context of the latest developments in Burkina Faso, we have […]