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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 […]
Egypt seeks another ITFC financing for MSMEs
Egypt is seeking another financial support from the International Islamic Trade Finance Corporation (ITFC) to back micro-, small-, and medium-sized enterprises (MSMEs) after the country secured last month $2.6 billion to fund developmental projects. The Ministry of Planning and Economic Development Monday indicated that the signing will take place this month, Arab Finance reports. The […]
Morocco, WB team up to improve business competition
Morocco’s competition council and the World Bank’s International Finance Corporation agreed to cooperate to promote the competitiveness of the private sector. The partnership was sealed following an event themed “revitalizing the competition framework in an open Morocco,” held recently in Rabat. Under this agreement, the Moroccan council shall benefit from the technical expertise of IFC […]



