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Libya Expects Higher Oil Output despite Clashes in Tripoli
Libya’s oil production climbed to the highest since 2013 and can go even higher if security at the nation’s energy facilities can be improved, the chairman of the state-run National Oil Corp told Bloomberg. The statement comes as the country’s capital has sank in a spiral of violence opposing rival militias. Output reached recently 1.278 […]
Corruption costs Moroccan economy up to 7% of GDP annually – Finance Minister
It is hard to exactly calculate the impact of corruption on the Moroccan economy which Finance Minister Mohamed Benchaaboun said it rips the country of 2 to 7% of GDP annually. Briefing MPs on a law on the national body for integrity and the fight against corruption, the Minister said that a law will be […]
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 […]



