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Africa, Middle East & Turkey Wearable Devices Market Scores Strong Growth, IDC
Shipments of wearable devices in the Middle East, Turkey, and Africa (META) region reached 1.13 million units in the third quarter of 2018, according to the latest insights from International Data Corporation (IDC). The global technology research and consulting firm’s Worldwide Quarterly Wearable Device Tracker shows that shipments were up 77.6% on the corresponding period […]
Egypt: Central Bank blocks transactions with African and Arab banks
There are reports that Egyptian banks have been ordered by the Central Bank to refrain from doing business with some banks in African and Arab countries amongst which are Qatar, Libya, Syria and Sudan. The central bank’s decision is aimed at reducing the scale of money laundering in compliance with the anti-money laundering laws. Several […]
Several Libyan oil sites now at a standstill after Fathi Bachagha was denied entry to Libya
Libya’s National Oil Company (NOC) announced on Monday the halt of operations at two major oil sites, the Zouetina terminal and the Al-Charara field, after several other facilities were shut down in connection with protests and political rivalries. The blockades come at a time when Libya, struggling to turn the page on the years of […]



