Libya: Interim PM submits candidacy for Dec. 24 Presidential elections

Abdel Hamid Dbeibah, the interim Libyan Prime Minister submitted Sunday his candidacy for next month crucial presidential elections set to endow the oil-rich country with a central Administration a decade after former leader Muammar Gaddafi was ousted and assassinated. “At this historic moment in the history of the Libyan nation, I feel with you the […]

Libya : UN proposes “presidential council” with independent personalities

UN has presented a six-point proposal to end the stand-off between the two rival governments in Tripoli but it is yet to be accepted. The plan entails a “presidential council” with two deputies and “independent personalities not belonging to any party or affiliated with any group” to oversee the transitional period of the country during […]

Morocco’s central bank kicks off instant inter-bank payments

Clients of Moroccan banks can now enjoy instant transfers in real time and for free over the next three months, Morocco’s central bank said in a statement. The time-span for transfers between clients of Moroccan banks would now take no more than 20 seconds provided it is capped at 20,000 dirhams, it said. The initiative […]