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Libya resumes oil production activities

After months of deadlock, oil production activities have resumed in Libya, the National Oil Company announced on Friday. Oil production and exports had been at a standstill for six months in Libya because of the conflict that has been tearing the country apart. Vital for the economy, both activities are resuming with a first ship […]

Morocco prepares cryptocurrency law

The Central Bank is preparing a law governing the use of cryptocurrencies in Morocco, which is expected to be submitted to Parliament by year’s end, a senior official said. The central bank is benchmarking and examining similar laws elsewhere, Hiba Zahoui director of Bank supervision said at a press conference. She declined to give details […]

Libya provides food assistance to neighboring Tunisia

The deteriorating social and economic situation in Tunisia has prompted the Libyan government of national unity, based in Tripoli, to send food assistance to its neighbor in a solidarity move. Nearly a hundred of Libyan trucks carrying sugar, oil, flour and rice arrived this week in Tunisia which is suffering from shortages of basic goods, […]