Libya’s Central Bank has published its financial report for the first two months of 2025, revealing total revenues of 18.256 billion dinars and expenditures exceeding 8.4 billion dinars. The primary source of revenue for the period from January 1 to February 28 was oil sales, which generated 14 billion dinars. Additional income came from oil […]
A Cairo criminal court Wednesday pressed a 12-year jail sentence against former deputy governor of Alexandria, the country’s second largest city, on corruption charges. Souad el-Kholy, appointed in 2015, was locked up two years later in a case linked to misappropriation of state lands and other charges including corruption and bribery. In addition to 12 […]
The European Bank for Reconstruction and Development (EBRD) is joining efforts with Moroccan Ministry of Energy Transition & Sustainable Development to accelerate the decarbonization of the electricity sector in Morocco. The two sides signed on Wednesday a MoU on the sidelines of the 2023 Annual Meetings of the World Bank & the International Monetary Fund […]
