Headlines Libya

Libya: UN Envoy Confident Rival Governments Nearing Consensus

The Head of the UN Special Mission in Libya, Ghassan Salame, told the UN Security Council (SC) Thursday that the country’s two rival administrations have made giant strides towards consensus even though few issues remain unsolved. Salame in September unveiled a new action plan believed to pave the way to general elections next year and […]

Business Finance

Egypt sovereign sukuk needs religious consensus

A U-turn has been done by the government after criticisms by Islamic religious leaders concerning a draft law which will permit the government to issue sukuk. Making the announcement, the finance minister Al-Mursi Al-Sayed Hegazy said the revision of the draft law will be done after meeting with top officials of Egypt’s prestigious Al-Azhar university […]