freetown

Libya-Italy trade exchanges reach nearly €9 billion

Annual trade exchanges between Libya and Italy currently stand at approximately €9 billion, providing a solid foundation for future growth and economic collaboration. This figure, reported by Italy’s Nova news agency on October 27, on the eve of the Libyan-Italian Business Forum, scheduled for October 28 in Tripoli, underscores the significant economic interdependence between the […]

Egypt seeks to get $1.5bn loans before 2016

Egypt is seeking to get $1.5 billion loans from the World Bank and the African Development Bank as fears increase that the Egyptian pound would be devalued if the dwindling foreign currency reserves go below $15 billion. The country has been struggling since 2011 to stabilize its economy and finances shaken by the protests that […]

Libya: PM Thinni confident for accord between rival Libyan factions

Libya internationally recognized Prime Minister Abdullah Thinni sounded optimistic for a final agreement between the Libyan rival factions which have resumed talks in Morocco to agree on the peace accord draft proposed by the UN envoy, Bernardino Leon. The UNSMIL Draft V peace accord which was initially criticized by Prime Minister Thinni’s side is the […]