The Central Bank of Egypt (CBE) announced on Sunday that the country’s net international reserves reached a historic 50.07 billion U.S. dollars by the end of October, up from 49.53 billion dollars in September. This marks the highest level of foreign reserves in Egypt’s history, reflecting the impact of ongoing financial reforms and a resurgence […]
Libya’s state National Oil Corporation (NOC) confirmed Sunday the resumption of production at its Sharara oil field, south of the country, while production is still blocked since January at Libya’s main eastern oilfields under the control of Khalifa Hafter’s forces. NOC said that production restarted after lengthy negotiations to reopen the Hamada valve, which had […]
It is high time Morocco gave Spain a taste of its own medicine. As Spain continues to turn a blind eye to Morocco’s protests for hosting Polisario separatist leader Ibrahim Ghali under a made-up identity, Rabat should respond by taking actions such as offering political asylum to democratically elected Catalan independence leader Carles Puigdemont. The […]
