fertilizers

Libya: Principal state firms transferred to Benghazi

Three important state firms will have their headquarters moved from Tripoli to Benghazi in the drive to give the eastern city more authority. According to a government decree, Libyan Airlines, Libyan Insurance Company and the National Investment Company, as well as the Tripoli-based National Oil Corporation (NOC), will be transferred. The decree has to be […]

India-Middle East-Europe Economic Corridor: new US-backed trade route to rival China’s Belt and Road

The India-Middle East-Europe Economic Corridor (IMEC), officially launched at the G20 summit in India, is seen by some analysts as a direct challenge to Beijing’s Belt and Road Initiative (BRI), a multi-trillion-dollar infrastructure project launched a decade ago with the aim of connecting China to the rest of the world. The launch of the new […]

American DFC to open branch in Dakhla as African platform

The US International Development Finance Corporation (DFC) will open a branch in the city of Dakhla which will serve as a platform for all its operations towards the African continent. This initiative confirms Dakhla’s vocation as a link between North Africa and Sub-Saharan Africa and a major economic hub, as planned in the development model […]