Libya’s state National Oil Corporation (NOC) confirmed Sunday the resumption of production at its Sharara oil field, south of the country, while production is still blocked since January at Libya’s main eastern oilfields under the control of Khalifa Hafter’s forces. NOC said that production restarted after lengthy negotiations to reopen the Hamada valve, which had […]
A Moroccan boxer who claimed having been tortured in Morocco was found guilty of libel against the King’s private Secretary Mounir El Majidi. The Paris Tribunal de Grande Instance, which issued its ruling on Wednesday, fined the boxer Zakaria Moumni to €1,000 in damages for defamation. Zakaria Moumni, a confirmed liar, had filed a complaint […]
Egypt’s Finance Minister Mohamed Maait has denied reports that the Arab Republic is seeking a $15 billion-loan from the International Monetary Fund (IMF) to shore up its finances. Goldman Sachs Group Inc. in a July report indicated that Egypt may need to secure $15 billion from the IMF to meet its funding requirements over the […]
