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EBRD Supports Egyptian Company Beyti With $44 Mln Loan
The European Bank for Reconstruction & Development (EBRD) announced Wednesday a $44 million loan for the Egyptian dairy and juice producer, Beyti. The money will enable the company to refinance existing short-term loans with a longer tenor loan more suitable for its investment and development phase. The EBRD loan will also help the Egyptian company […]
Libya: Italian ENI starts exploratory drilling in Ghadames Basin
Italian oil company Eni announced on September 24 that it will begin onshore exploratory drilling in Libya’s Ghadames Basin next month, with plans to launch an offshore drilling campaign in the Sirte Basin by the end of 2025. Speaking at the Libyan-Italian roundtable in Rome, Martina Obizzi, President of the North Africa and Levant region […]
Historic Abraham Accords Show ‘Peace is Possible’ – US State Department
The historic Abraham Accords show that “peace is possible”, said on Wednesday, US State Department Spokesman Ned Price. Israel, the UAE, and Bahrain signed the Abraham Accords at the White House in September of last year. The following month, Israel and Sudan normalized their relations. Morocco subsequently signed the US-brokered accords in a tripartite Israel-Morocco-US […]



