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Libya: Jordan wants PC to take control of embassy
The Jordanian Government has called on the UN-backed Libyan Presidency Council (PC) to appoint a new ambassador to Amman as the Middle East country and the entire Arab League members have vowed to cut ties with east-based rival government. Libya’s embassy in Amman is controlled by the Beida government opposed to the UN-backed PC led […]
Algeria’s Foreign Exchange Reserves to Drop to $85 bln by End 2018
Imports continue to drain Algeria’s foreign exchange reserves, which are expected to end 2018 with $85 billion as the country reels under the drop in oil revenues. Reserves were at $90 billion by the end of May, almost less than half the $190 billion reserves registered in end 2014 prior to the oil price slump. […]
Egypt: British Airways Suspends Flights to Sharm El-Sheikh
Egypt’s tourism industry Tuesday received another major blow as UK top airline British Airways (BA) announced it was suspending flights to Sharm el Sheikh indefinitely. The British carrier says the decision was made out of concern for the security of its customers. “The safety and security of our customers will always be our top priorities […]



