Egypt Europe Headlines International

EU’s 7.4 bn-euro aid package to support cash-strapped Egypt, curb illegal migration

The European Union signed a “historic” deal with Egypt on Sunday (17 March) that includes a funding package of 7.4 billion euros and elevating their relationship to the level of a “strategic and comprehensive partnership”, in bid to stem migrant flows to Europe. The 7.4 billion-euro aid package for cash-strapped Egypt was announced by European […]

Egypt Europe Headlines International

EU’s Egyptian headache: Brussels readies €7.4bn aid package to help economy, curb migration

Egypt is reportedly set to receive up to 7.4 billion euros in funding from the European Union under a major ‘cash for migrant control’ pact which could be formally announced during the upcoming visit of the European Commission chief to Cairo this Sunday (17 March). The EU support package is intended to relieve pressure on […]

Africa Europe Headlines International Libya

Russia’s rebranded Wagner makes deeper inroads into Africa under ‘security for resources’ blueprint

Following the demise of its former boss Yevgeny Prigozhin and with a new leader at its helm, the infamous paramilitary Wagner Group is back in the game, helping the Kremlin to strengthen Russia’s presence in Libya and other parts of Africa. Years of civil war and chaos, the devastating flood, the absence of a democratic […]

Business Emerging Markets Headlines Libya Morocco

Libya willing to restore air connectivity, open a shipping line with Morocco

Libya has expressed its willingness to restore air connectivity with Morocco and its commitment to any initiative aimed at opening a shipping line between the two countries. This came at a meeting in Rabat between Libyan Minister of Transport Salem Al Shahoubi, and his Moroccan peer Mohammed Abdeljalil on the sidelines of the high-level ministerial […]

Headlines Libya

Libya to launch e-visa platform to attract tourists, foreign workers

The Libyan Committee for granting electronic visas to foreigners has announced plans to launch an e-visa system in view of attracting tourists and foreign workers to the North African country, ‘Libya Observer’ reports. The Committee, the local media notes, met Sunday January 21 and agreed on the necessity to activate and launch the electronic work […]

Business Egypt Headlines Libya

Egypt’s national carrier to launch third route to Libya from January 25

Yehia Zakariya, chairman of the Board of Directors of the EgyptAir Holding Company, has confirmed the operation of new direct flights from Cairo to Misrata in Libya, starting from January 25, Libya Observer reports. Misrata become the third city the Egyptian carrier will be flying to, after Tripoli and Benghazi. Zakariya reportedly on company’s Facebook […]

Americas Headlines International Libya

Biden picks up Jennifer D. Gavito as future ambassador to Libya

US President Joe Biden has nominated diplomat Jennifer D. Gavito as the country’s future envoy to Libya to replace incumbent Richard Norland under scrutiny in recent weeks over his pressure on Libyan parties to accept UN envoy Abdoulaye Bathily’s initiative for a quintet dialogue to agree on holding elections. Biden announced his intent to nominate […]

Business Egypt Headlines Libya

Libya proposes Egypt new commercial crossing border to spur bilateral trade

Libya’s General Federation of Chambers of Commerce, Industry, and Agriculture has proposed a new commercial crossing on the border with Egypt to facilitate the flow of goods and enhance bilateral trade, separate from the Salum land crossing used by individuals, Libya Observer reports. Mohamed Al-Raeed, head of the federation, held discussions on the initiative during […]

Business Emerging Markets Headlines Libya

Libya’s stock market re-opens after nine-year hiatus

Libya’s stock market re-opened Monday December 25 for trading in the buying and selling of shares for entities listed in the Libyan Stock Market nine years after closure. Prime Minister Abdul Hamid Dbeibah attended the ceremony, local media Libya Observer reports. “This is a rebirth for the Stock Market sector, which enjoys a high position […]

Headlines Libya Tunisia

Tunisia under scrutiny for expelling thousands of migrants to Libya, Algeria

Tunisia has found itself in the eye of the storm after French news agency AFP, citing international humanitarian organizations revealed that the North African country expelled at least 5,500 immigrants towards the border with Libya, and 3,000 others toward the border with Algeria since last June. The AFP report is the most recent accusation against […]