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World News: Economic News

IMF announces the start of talks with Egypt.

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Washington, January 04, 2024  (LANA) - Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund, announced that, new talks will begin with Egypt in the coming weeks and preparations are being made for the two delayed reviews.Azour said in statements published on the Al Arabiya Business website on Thursday, that the challenges that Egypt went through in 2023 may require additional financing,... Read more

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Libya could once again become a global powerhouse for oil and gas, and to attract foreign investment.

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Washington, December 4, 2021 (LANA) - The Ministry of Oil and Gas in the Government of National Unity recently submitted a series of proposals in order to achieve an important goal aimed at improving the regulation of the sector in order to attract more investments by foreign companies, according to an American website specialized in oil affairs and gas. Legal sources who spoke to OilPrice.com last week stated that ("these proposals are broadly in line with the original ideas supporting... Read more

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