Libya E-Payment System Collapses After Record Two Million POS Transactions in a Single Day

Central Bank of Libya has issued an apology following a major disruption to the country’s electronic payment infrastructure, after an unprecedented surge in transaction volumes triggered system instability across commercial banks. According to the Bank, around two million point-of-sale (POS) transactions were recorded in a single day across approximately 67,000 terminals nationwide, placing excessive strain […]

Kuwait’s Jazeera Airways to launch first direct flight to London from October

Kuwait’s private airline Jazeera Airways will launch from October 27 its direct flights to London, one year after agreement to allow private jets to fly passengers between the two countries.   The low-cost airline will operate flights with A320neo aircraft with cabin configuration in three classes: business class, a new premium economy class and economy […]

Tunisia: Chinese Car Maker SAIC to Build Hub

Chinese Car maker SAIC will turn Tunisia into one of its regional hubs outside China, under an agreement between the Chinese firm and Tunisia’s Meninx Holding. The signing of the agreement between the two firms took place on the sidelines of 3rd China-Africa Cooperation Forum, which was held September 3-4 in the Chinese capital, Beijing. […]