Two senior officials in the Libyan oil ministry have claimed that Libya could be exporting $1,2 billion worth of crude oil at world prices, but on interest-free credit for a year to Egypt, in order to save the country from fuel shortages with the government finding it difficult to honor energy importation dues. These importations […]
Abdul Magid Breish, once the undisputed leader of the Libyan Investment Authority (LIA), has warned that the country’s $67 billion sovereign wealth fund should continue to be frozen “until we have total stability.” Four chairmen are claiming to be representing LIA for the past two years but Breish stressed that the two rival governments and armed […]
Morocco’s tourism sector showcased its strongest performers at the 45th World Travel Market in London, with Agadir and Marrakech selected as featured destinations amid record growth from the critical British market. Agadir has posted double-digit performance gains driven primarily by British tourists, who represent the destination’s leading foreign market and primary driver of overnight stays. […]
