old city jerusalem

Libyan parliamentary committee refuses to set new date for elections

A committee of the Libyan Parliament refused Monday to set a new date for the presidential election initially scheduled for December 24 before being postponed, leaving the fate of this crucial vote unclear. During a long-awaited session of the Parliament, held on Monday in Tobruk (east), this commission in charge of monitoring the elections presented […]

Six hundred undocumented Egyptians to be deported from Libya

Libya has begun the deportation of 600 undocumented Egyptians who sneaked illegally into the oil-rich African country used as a launch-pad for crossing the Mediterranean for Europe. Mohamad Bardaa, deputy for security affairs at the Directorate of Combating Illegal Migration answering to the Tripoli-based government, told AFP that deportees had entered Libya illegally, Ahram Online […]

Algeria to Privatize Banks in Response to Oil Price Slide

State-owned banks in Algeria will soon be allowed to list in the stock exchange as Algiers continues to stumble in the aftermath of the plummeting oil prices. The privatization of the state-owned banks is an attempt by the Algerian government to promote its underdeveloped banking sector and diversify sources of revenue after the drop in […]