Energy Headlines Libya

Four Libyan oilfields to reopen after deal between Prime Minister & PFG

Production at four vital Libyan oilfields will resume after a meeting between Prime Minister Abdulhamid Dbeibeh and representatives of a faction of the Petroleum Facilities Guard (PFG) which handle security of the sites, reports say. Wafa, El Feel, Sharara and Hamada oilfields halted production after the PFG staged protests against a number of issues, including […]

Americas Headlines International Tunisia

Ecuador seizes over 600 kg of cocaine bound for Tunisia

Police in Ecuador seized 656.7 kg of cocaine dissimulated in a container bound for Tunisia, Business News reports. Fausto Buenaño Castillo, Chief of the Latin American country’s police, told media that security forces found the cocaine hidden in a container supposed to carry banana, during an operation dubbed “Víspera”. The drug shipment, estimated at $42 […]

Asia Business Community Egypt Headlines International Morocco Tunisia

After Turkey, Morocco set to curb trade deficit with Tunisia, Egypt

Morocco has taken steps to renegotiate a free trade deal with Tunisia and Egypt to protect its own industrial fabric and protect jobs after it took a similar move to balance its trade deficit with Turkey. Aujourd’hui le Maroc reported that Morocco plans to renegotiate the tax imposed on a list of goods including textile, […]

Business Finance Headlines Morocco

Remittances by Moroccans abroad hit record $10.7 bln

Remittances by Moroccans abroad hit a record 100 billion dirhams ($10.7 bln) in 2021 compared to 70 billion dirhams in 2020, offsetting losses of the tourism sector, minister delegate in charge of investments said. Remittances have contributed to the consolidation of Morocco’s international reserves which rose to 330.4 billion dirhams ($35.7 bln), enough to cover […]

Africa Business Europe Headlines International Morocco

Morocco pleads for new win-win partnership between EU, Africa

Morocco on Monday called for a new win-win partnership between the European Union (EU) and the African continent, as France holds the rotating presidency of the Council of the EU. “It is necessary to define together a common commercial and industrial pact, based on the strengths of Europe as a renewed and innovative industrial power […]

Energy Europe Headlines International Morocco

Morocco-Gas exploration: Encouraging results from Anchovy-2 drilling confirmed

Reacting to the press release issued this Monday by the British firm Chariot energy company announcing a major gas discovery offshore the northern Moroccan city of Larache, the Moroccan Office for Hydrocarbons and Mines (ONHYM) confirmed the encouraging results from the Anchovy-2 drilling off Larache. ONHYM said, in a statement, that “following the encouraging results […]

Algeria Blogs Community Headlines

Algeria: Local NGOs call on authorities to end repression & rights violations

A group of Algerian human rights organizations and militants have called on the Algerian authorities to put an end to the new wave of cracking down and violations of the constitutional rights to freedom of speech, assembly and association. In their joint statement released lately, they called for the immediate liberation of prisoners of conscience, […]

Blogs Community Europe Headlines International Tunisia

France refuses to extradite former Tunisian President Marzouki sentenced to four years in prison

Ex-Tunisian President Mohamed Moncef Marzouki has revealed French authorities have turned down Tunisia’s request to extradite him after he was condemned to four years in prison in December on charges of plotting against the North African country. Marzouki indicated that he has been subjected to an international arrest warrant issued by Tunisian authorities. The former […]

Business Europe Features Finance Headlines International Libya

Belgium issues international arrest warrant against Chairman of Libya’s Investment Authority

The Belgian judiciary wants the Chairman of the Libyan Investment Authority (LIA), Ali Mahmoud arrested on charges of corruption and embezzlement, Libya Observer reports, citing Belgian magazine “De Tijd”. Mahmoud is subject to an international arrest warrant and could be arrested if he leaves Libya and the warrant aimed at investigating lost interest on the […]