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Libya: Turkish troops deployment bill sent to MPs
The government of Turkey has submitted a bill to parliament to allow it to deploy troops in Libya, as the conflict in the North African nation intensifies. Turkish President Recep Tayyip Erdogan has announced readiness to send troops to Libya if requested by the country’s Government of National Accord (GNA). The bill will be debated […]
Egypt scraps requirement for letters of credit for imports
The Central Bank of Egypt (CBE) abolished a February 2022 circular requiring the use of letters of credit for imports, and allowed the use of collection documents instead, Arab Finance reports. The CBE in a late December circular scrapped the letter of credit which provides an irrevocable guarantee to the exporter that the importer’s bank […]
MEDays 2022: Abraham Accords opened huge prospects for cooperation in Middle East (Experts)
The Abraham Accords have offered a “huge potential” for cooperation in the Middle East, said international experts participating in the MEDays 2022 Forum, organized by Amadeus Institute in Tangier November 2-5. Speaking at a panel entitled “Paradigm shifts: what developments in the Middle East?”, vice president of the US think tank American Foreign Policy Council, […]



