Moroccan flag in dakhla

Libya Devalues Dinar by 14.7% Amid Falling Oil Revenues and Fiscal Strain

Libya’s central bank devalued the dinar by 14.7%, citing declining oil revenues and mounting economic pressures. The decision followed deliberations at the bank’s first board meeting of 2026, held last week, and was based on recommendations from the Monetary Policy Committee. Following the adjustment, the exchange rate was set at 0.1150 Special Drawing Rights (SDR) […]

Libya: IS fleeing southwards dodging inexistent airstrikes

Intelligence sources have claimed that the militants of the IS group in Libya have begun to flee southwards and could be heading to neighboring Sahel countries as fears over western airstrikes increase. Colonel Mahamane Laminou Sani, Director of Niger’s armed forces documentation and military intelligence agency, confirmed that militants of the extremist group are “moving […]

Philippines, Morocco to establish direct flights

The Philippines and Morocco have agreed on an air services pact that will enable direct flights between the two countries, the Philippines’ Department of Transportation announced. “Pending the ratification of the air services agreement, the parties signed a memorandum of understanding granting full third and fourth freedom traffic rights for both passenger and cargo, and […]