Morocco-King-Mohammed-IV

Morocco captures a French-Guinean fugitive wanted by Interpol

Moroccan police arrested on Sunday in the Northern city of Tangier a French-Guinean fugitive on an international warrant issued by the French judicial authorities for “attempted murder with a firearm”. The 27-year-old man, who was previously convicted for fraud offenses, was arrested in a tangier hotel, says a statement released by the Moroccan police. The […]

Libya needs investments worth up to $4bln to boost oil production

Oil-dependent Libya needs to invest between $3 billion to $4 billion in order to reach a production level of 1.6 million barrels per day, acting oil minister Khalifa Abdulsadek told Reuters. In 2024, Libya was producing 1.4 million barrels per day, according to the National Oil Corporation. Oil represents up to 98% of Libya’s income. […]

The Egyptian pound and foreign currencies

During the inauguration ceremony of the National Initiative for Economic Launch, the Egyptian Prime minister said that there are expectations that some prospective investments can “help reduce the budget deficit” before the end of the year because these investments can go up to LE20 billion. These remarks came after saying that the transfer of funds […]