Saturday, July 11, 2020

Libya oil company: Russian mercenaries enter major oilfield

CAIRO (AP) — Russian and other foreign mercenaries have entered Libya’s largest oil field, the country's National Oil Corporation said on Friday, describing the...

Egypt, Sudan: Ethiopia won’t fill disputed dam before accord

CAIRO (AP) — The leaders of Egypt, Sudan and Ethiopia have agreed that Ethiopia will refrain from filling its new hydroelectric dam on the...

Egypt secures $5.2 billion IMF loan amid coronavirus fallout

CAIRO (AP) — The International Monetary Fund on Friday approved Egypt’s request for a $5.2 billion loan as the country’s economy reels from the...

IMF approves $5.2 bn, 1-year loan program for Egypt

Washington (AFP) - The IMF board on Friday approved a one-year, $5.2 billion financing package for Egypt to help the country alleviate the economic...

Youths in Tunisia’s deprived south dream of ‘real’ jobs

Tataouine (AFP) - In the southernmost Tunisian town of Tataouine, being young often means being unemployed, while even those who have a job dream...

EU’s Borrell says Turkish gas drills off Cyprus ‘must stop’

Nicosia, Cyprus (AFP) - European Union foreign policy chief Josep Borrell said Thursday that "illegal" Turkish drilling for gas off the divided island of...

Donor conference raises $1.8 billion for Sudan – Germany

Berlin (AFP) - Pledges worth $1.8 billion were made at a donor conference to drum up international support for Sudan on Thursday, said Germany's...

Iraq passes bill to unlock funds for cash-strapped state

Iraqi lawmakers Wednesday passed a crucial bill allowing the country to finance a widening fiscal deficit amid an unprecedented economic crisis spurred by falling...

Lebanon currency in free-fall amid political impasse

BEIRUT (AP) — Lebanon's currency continued its downward spiral Wednesday, reaching a new low before the dollar and raising such alarm that it prompted...

Trade minister replaced amid economic crisis – Syrian government

Syria’s economy has been ravaged by nine years of war and western sanctions. Syrian President Bashar Assad replaced Monday the internal trade minister as the...

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