Omar Hilale

Central Bank of Libya extends acceptance of 50 dinars banknotes

The Central Bank of Libya (CBL) has announced an extension for the circulation and acceptance of the first and second editions of its 50-dinar banknotes, providing relief to both Libyan citizens and financial institutions amid ongoing economic challenges. This move aims to mitigate concerns over the potential disruption caused by the withdrawal of the banknotes. […]

Morocco, Spain renew interest in undersea tunnel

The long-discussed undersea tunnel that would link Morocco and Spain across the Strait of Gibraltar has gained fresh momentum following the signing of new contracts aimed at reviving the ambitious infrastructure project. Spain’s Ministry of Transport has commissioned public company EniCo to conduct a comprehensive financial feasibility study, backed by €350,000 in funding from the […]

WFP warns of looming food aid cuts in South Sudan amid urgent funding crisis

On Tuesday, July 22, 2025, the United Nations World Food Programme (WFP) has issued a grave warning that it may be compelled to reduce food rations in South Sudan as early as September due to critical funding shortfalls. Currently, WFP can only assist 2.5 million individuals—just 30 percent of those experiencing severe hunger—across the country. […]