Morocco
Tesla launches Moroccan subsidiary to expand in North Africa
Tesla has formally entered Morocco with a new subsidiary, Tesla Morocco, incorporated on May 27 by Dutch entities Tesla International
1 min read
According to reports in the Libya Observer Central Bank Governor Al-Kabir suggested adjusting the exchange rate to between 5.95 dinars and 6.15 dinars per dollar, thus devaluing the dinar as the current rate stands at 4.80 dinars per a dollar. It comes as a decision by Al-Sidiq Al-Kabir to call on the the Speaker of the House of Representatives (HoR), as part of approving a unified government and unified spending plan and issuing a decision to devalue the dinar exchange rate to US dollar (USD) to address the current financial crisis.
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Libya
U.S. envoy Boulos to visit Libya amid rising tensions
U.S. envoy Massad Boulos will make his first official trip to Libya next week as tensions escalate in Tripoli
Egypt
Egypt secures record LNG imports amid power squeeze
Egypt has agreed to purchase 150–160 liquefied natural gas (LNG) cargoes through 2026, Reuters reports, in what would be
Algeria
Qatar to invest in Algeria’s first major supermarket chain
Qatar and Algeria have entered a strategic partnership to develop the country’s first fully integrated supermarket chain, with plans
Libya
Italy not liable for migrant deaths in Libyan shipwreck, EU court rules
The European Court of Human Rights (ECHR) has ruled that Italy cannot be held legally responsible for the deaths and