Features Headlines Morocco

Juan Carlos in Morocco to boost confidence-based relations

King Juan Carlos I of Spain started on Monday a four-day official visit to Morocco, the first in more than two years as his latest dates back to May 2011. Beyond the exceptional historical personal relations binding the two sovereigns, the visit of King Juan Carlos holds much symbolic and political significance and is seen […]

Features Headlines Libya

Libya: Government turns to Gadhafi’s security strategy

The acting Army Chief of Staff, Salem Gnaidi, has spoken out against the government and Prime Minister Ali Zeidan’s efforts to subdue the reestablishment of the National Army. He made these revelations during an interview on the Libyan Awalan Television Station, as he made references to the revival of Gadhafi’s security strategy and the embezzlement […]

Features Headlines Libya

Libya foresees strong Sukuk

In its strive to expand Islamic Finance, Libya’s Stock Market and Amanie Advisors have inked a comprehensive Memorandum of Understanding destined to outline a “clear roadmap” for the promotion of Islamic Finance. The MoU is expected to boost Libya’s massive potential in domains that remains relatively unexploited. Amanie Advisors, a global Shariah advisory firm, will […]

Business Features Finance

MENA: Arab Spring transitional countries boosted

A statement released by United Kingdom’s foreign ministry has stated that the government, in partnership with several international financial institutions, will be holding a Deauville Partnership Investment conference in September. The conference is aimed at promoting investments, trade and supporting new investors in transitional countries marred by the Arab Spring. The European Bank for Reconstruction […]

Headlines Libya

Libya : Coalition party boycotts National Congress

The National Forces Alliance, Libya’s largest coalition party at the national assembly has decided to boycott the sessions of the constitution. The slow process involved in drafting a law for electing a constitutional committee motivated the decision. During a press conference organized by the party, spokesman Tawfiq Shahibi said the General National Congress (GNC) “has […]

Europe Headlines Libya

Libya to become OCSE Partner

Libya has applied to become a partner of the Organization for Security & Co-operation in Europe (OCSE) in a bid to receive support from this international security body and benefit from its assistance in matters of security, arms & border control, promotion of human rights, freedom of the press and polls’ organization. The Libyan application […]

Headlines Mauritania

The Rise of Ansar al-Sharia in Mauritania

Mauritania like some other countries in the Maghreb region is experiencing a rise in strength of the political arm of AQIM (Al Qaeda in Islamic Maghreb) known as Ansar al-Sharia. But unlike some of its neighbors such as Tunisia and Libya, where the group has a strong foothold, Mauritania has not experienced any popular uprising […]

Headlines Libya

Libya: Oil production slows down

The production of oil in the leading oil production country in Africa has suffered a drastic decline since its civil war in 2011. The ongoing protest in Libya has led to the closure of two export terminals and an entire oil field. Frequent disruptions in the MENA region has led to North America leading the […]

Business Energy

Libya: Principal state firms transferred to Benghazi

Three important state firms will have their headquarters moved from Tripoli to Benghazi in the drive to give the eastern city more authority. According to a government decree, Libyan Airlines, Libyan Insurance Company and the National Investment Company, as well as the Tripoli-based National Oil Corporation (NOC), will be transferred. The decree has to be […]

Business Emerging Markets

Libya will invest $140 billion in reconstruction

Libya could be investing $140 billion on infrastructure, energy, utilities and industry to assure a sustainable future within the next 10 years of the rebuilding process. A major business conference dubbed “Libya Projects 2013” will be organized by MEED, in association with Business Mirror from the 3rd – 5th of June, to verse local and […]