fakenews

Libyan dialogue in Bouznika, a precursor for settling Libyan crisis

The Bouznika dialogue represents a “positive precedent” that Libyan parties can build on to settle the crisis in the North African country, said Moroccan Foreign Minister Nasser Bourita. Morocco is currently hosting the second round of negotiations focusing on Article 15 of the political agreement on governmental institutions, including the central bank, anti-corruption and accountability […]

Kenya seeks $1.5 bln loan from the UAE, agencies

Kenya is seeking a financing of $1.5 billion from the UAE to bolster its public finances, Reuters and Bloomberg reported, citing sources. Kenya has sought to curb its widening fiscal deficit and growing debt servicing by tax hikes which triggered the most violent protests in the country’s history. A delay in reaching a financing deal […]

Egypt mulls plans to establish three new free Zones

Egypt is considering building three new Free Zones, Prime Minister Mostafa Madbouly announced Sunday to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). The future Zones, Madbouly’s office indicated in a statement, will be Alexandria, the 10th of Ramadan, and the 6th of October cities. The office also indicated that […]