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Libya and Saudi Arabia Forge Strategic Telecom Partnership

Libya’s Post, Telecommunications and Information Technology Holding Company signed a preliminary MoU (Memorandum of understanding) on Thursday, 11 December, with Saudi Arabia’s Technology Link Services for Telecommunications, signalling a push to strengthen regional collaboration in the telecommunications sector. The agreement, concluded during a meeting between Libyan Chairman Youssef Ibrahim Hussein and Saudi delegation leader Ali […]

Egypt Intercepts Smuggled Gaza-Bound Missiles

Egyptian security forces have captured lately six U.S. made anti-tank and surface-to-air missiles that were on their way to be smuggled into the occupied Palestinian Gaza Strip. The weapons, which were intercepted in the Sinai desert, are believed to have come from Libya and to have been manufactured by U.S. firms. But some experts cast […]

Union of Arab Banks Underscores Resilience of Moroccan Banking Sector

The General Secretariat of the Union of Arab Banks released a study underscoring the resilience of the Moroccan banking sector, which remains insulated from external risks that could affect its performance. The Beirut-based Union added that the Banking sectors of Morocco, Jordan, Lebanon, Palestine and Sudan show high resilience thanks notably to political conditions. The […]