Abdul Magid Breish, once the undisputed leader of the Libyan Investment Authority (LIA), has warned that the country’s $67 billion sovereign wealth fund should continue to be frozen “until we have total stability.” Four chairmen are claiming to be representing LIA for the past two years but Breish stressed that the two rival governments and armed […]
Rival Libyan armed groups loyal to east-based war lord Khalifa Haftar have clashed in the coastal city of Sirte, Anadolu news agency reports citing military sources. The armed clash occurred Tuesday after forces from the Tariq bin Ziyad Brigade launched an attack on the main headquarters of Al-Kaniyat Brigade in Sirte, the military sources told […]
Tunisia will get €200 million loan from the European Union, part of the second Macro-Financial Assistance (MFA-II) program to the North African country. The disbursement of the loan was approved Monday by The European Commission, said a EU press release, adding that a total of €500 million will be disbursed in three instalments in 2017 […]
