Business Finance

Tunisia might call on IMF for financing

The minister responsible for investment has voiced out that the country’s actual economic situation might force the government to ask for a precautionary standby credit line worth $2.5 billion from the International Monetary Fund.  He said they not completely ruling out the idea because they need the sum in order to give assurances to their […]

Business Energy

Libya: Oil Minister prepares industrial reform

The head of Libya’s oil ministry Abdelbari al-Arusi is planning to set up two separate institutions which will be responsible for the exploration and production activities on one hand and the other will be taking care of the refinery but they will all be under the ministry. According to reports, Benghazi will host the body […]