Libyan lawmakers reject Dinar devaluation, call for comprehensive economic overhaul

Fifty-five members of Libya’s House of Representatives (HoR) strongly criticized the recent devaluation of the dinar, arguing that the move fails to address the root causes of the country’s deepening economic crisis. The lawmakers stressed, in a joint statement issued on Wednesday, that adjusting the exchange rate or increasing the dollar price would not resolve […]

Israel uses virtual embassies in the GCC

Morocco to launch national strategy to fight money laundering

Morocco is tightening the noose on organized crime with the upcoming launch of a national strategy to fight money laundering as well as terrorism financing, head of the government Saad Dine El Otmani said. The strategy would facilitate a better coordination of actions between different departments, said El Otmani at a national conference on the […]