EIB

Egypt: Orascom Telecom neared stock market delisting

Egyptian stock markets began the week in a state of stagnation with almost no news to inspire the local market. However, one of the big icons of its market, Orascom Telecom Holdings was nearly taken out of the exchange list after almost 10% of its shareholders were bought out. The delisting of the telecommunication firm […]

Archaeologists unearth Maghreb’s most ancient pre-Phoenician settlement in Morocco

A group of archaeologists discovered the Maghreb’s first pre-Phoenician settlement, where they found evidence of a bronze age village that challenges assumptions about the region’s history. The archaeologists, led by Hamza Benattia from the University of Barcelona, made the excavations in Kach Kouch, in the northern Oued Laou valley near the Strait of Gibraltar. The […]

Libya: Countries should not undermine our authority, Tobruk government warns

The Tobruk based government has sounded what could be seen as a warning to European countries that are planning to fight against illegal migration through a military campaign. Few days after firing and bombarding a flagged Cook Island cargo ship killing one Turkish national, the internationally recognized government posted on Facebook that other countries should […]