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Libya: Buraq Air Signs Deal with Airbus for 10 A320neo Jets to Modernise Fleet

Libya’s first private airline, Buraq Air, has signed a MoU (Memorandum of understanding) with Airbus to purchase 10 A320neo aircraft, marking the carrier’s debut as an Airbus customer. The announcement was made on Wednesday, November 19 by Airbus. The agreement was formalised at the Dubai Airshow by Fouzi Almiqalh, General Assembly President of Buraq Air, […]

GNA official charges UAE for plotting Libya division

An official in the UN-backed Government of National Accord (GNA) has finger-pointed the UAE for attempting to divide war-torn Libya after its protégé Khalifa Haftar declared himself ruler of the oil-rich country. Mohamed Amari, member of the GNA, took to his Facebook page to castigate the Gulf country. He wrote that the Tripoli-based government was […]

Russia, India to move away from US dollar in their trade exchanges with Africa

Trade exchanges between Russia and Africa should move away from the US dollar and be facilitated by transition to national currencies, Russian President Vladimir Putin has said, just as Tanzania and India have inked an agreement establishing a platform by which their bilateral trade will be carried out in their own currencies, not the dollar. […]